What Term Is Used for a Situation Where One Firm's

question 20

Multiple Choice

What term is used for a situation where one firm's research yields knowledge that is used by society as a whole

• A)social cost
• B)opportunity cost of technology
• C)internalization of an externality
• D)technology spillover

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Definitions:

Stacking Technique

A productivity method where tasks are grouped and tackled in sequence or simultaneously to maximize efficiency.

Acronym

A word formed from the first letter of a series of other words.

Acrostic

A poem, word puzzle, or other composition in which certain letters in each line form a word or words when read in sequence.

Memory Process

The series of steps that include encoding, storing, and retrieving information.