Knowledge Capital Is Nonrival in the Sense That

question 42

Multiple Choice

Knowledge capital is nonrival in the sense that

• A)two people can use the same knowledge to develop and produce a product.
• B)firms do not compete to be the first to develop new technologies.
• C)no single company can be excluded from the benefits of new technologies.
• D)firms can benefit from the research and development of rival firms without paying for that benefit.

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FOIA

The Freedom of Information Act, a law that allows for the full or partial disclosure of previously unreleased information and documents controlled by the United States government.

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The rules and guidelines issued by governmental agencies to implement laws and manage specific aspects of public and private sector operations.