The Basic Argument for Government Grants and Contracts in Support

question 56

Multiple Choice

The basic argument for government grants and contracts in support of civilian technology is that they

• A) make it easier to predict the social costs and benefits of a proposed project.
• B) are both direct and selective.
• C) provide better investment qualities than market incentives.
• D) enable the government to earn money on the patents it acquires as a result of these grants.
• E) decrease the market rate of interest on investment funds since banks need to be responsible for funding high-risk R&D activities.

Recognize the key effects and components of social media engagement.

Grasp the concept of network effects in social media.

Understand the objectives and applicability of the 4E framework for social media.

Identify the different needs that mobile apps fulfill.

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Definitions:

Inventory Carrying Costs

The total expenses associated with holding inventory, including storage, insurance, taxes, and opportunity costs.

High-Salaried Pilots

Refers to pilots who are compensated with salaries significantly above the average for their profession, often due to specialized skills, experience, or high demand for their services.

Expensive Equipment

High-cost tools, machinery, or hardware required for specific tasks or operations, often implying a significant investment for businesses.

Idle Production Capacity

The unused portion of a company’s production capability at a given time due to lack of demand or inefficiency.