The Rewards to Private R&D Depend On

question 7

Multiple Choice

The rewards to private R&D depend on:

• A)the costs of R&D.
• B)the rewards from the results of R&D.
• C)the security of intellectual property rights.
• D)all of the above.

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Definitions:

Sea Level

The average height of the ocean's surface between the high and low tide, used as a reference point in measuring elevation and depths on Earth.

Marine Terraces

Flat, bench-like surfaces parallel to the shoreline that are formed by marine erosion and changes in sea level.

Wave-cut Notches

Erosional features formed at the base of cliffs by the action of ocean waves.

Coral Reefs

diverse underwater ecosystems held together by calcium carbonate structures secreted by corals.