Which of the Following Represents the Appropriability of Research

question 39

Multiple Choice

Which of the following represents the appropriability of research?

• A)the protection given to new products by the law
• B)how R&D spending translates into new ideas
• C)the extent to which firms benefit from the results of their own R&D spending
• D)the rate of technological progress
• E) both B and C

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Definitions:

Housing

Refers to the residential accommodations available for individuals or families, including houses, apartments, and other living spaces.

Rents

Payments made for the use of property or land. In economics, it can also refer to income derived from the ownership of scarce resources.

Law Of Supply

A principle stating that, all else being equal, an increase in price results in an increase in quantity supplied.

Law Of Demand

The economic principle that, all else equal, an increase in the price of a good will decrease the quantity demanded, and conversely, a decrease in price will increase the quantity demanded.