Many Technology Owners Have Avoided Introducing Technology or Technological Products

question 42

Multiple Choice

Many technology owners have avoided introducing technology or technological products into Brazil because:

• A) The market has been too weak to support these high-tech products.
• B) Technology transfer agreements have been interpreted under Brazilian law so that the original owner loses many rights in the technology.
• C) Brazilian taxes on the introduction of technology into the country have been prohibitively high.
• D) Spies and foreign agents have been stealing the technology and selling it to the communist countries.

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Definitions:

Opportunity Cost

The dues for not selecting the following most suitable option when making decisions.

Point D

Another specific point on a graph or economic model, indicative of a different state or condition than Point C, useful in comparative analysis.

Point C

Typically used in economics and finance as a specific point on a graph illustrating an equilibrium, costing or other calculated value.

Production Possibilities Curve

A graphical representation that shows the maximum combination of two goods or services that can be produced with available resources and technology.