Use the Following to Answer Question(s): the Supply of Music

question 23

Multiple Choice

Use the following to answer question(s) : The Supply of Music Downloads

-(Exhibit: The Supply of Music Downloads) A decrease in the price of music licenses sold by music companies to online sites would result in a change illustrated by:

• A) the move from n to o in Figure (a).
• B) the move from p to q in Figure (b).
• C) the move from s to t in Figure (c).
• D) the move from u to v in Figure (d).

Understand funding sources for R&D in corporations.

Explain the decision-making process related to R&D investment.

Distinguish between entrepreneurs and other innovators.

Understand the concept of optimal R&D expenditures for firms.