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Which of the Following Is NOT a Way of Internalizing

question 197

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Which of the following is NOT a way of internalizing technology spillovers?


Definitions:

Ratio

The quantitative relation between two amounts, showing the number of times one value is contained within the other.

Average Cost Function

A function that calculates the total cost of producing goods divided by the quantity of goods produced.

Setup Cost

The initial expenses required to start a project or establish a new production line.

Domain

The collection of all potential x-values that can be used as inputs for a specified function.

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