Which of the Following Is the Source of Most Technological

question 45

Multiple Choice

Which of the following is the source of most technological progress?

• A)private research by firms and individual inventors
• B)private research by firms and government
• C)government research
• D)government-sponsored research by universities

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Definitions:

Risk Averse

A tendency to prefer options that have fewer risks and more certain outcomes.

Net Earnings

The profit (or loss) of a business after all expenses have been deducted from revenues.

Probability

A measure of the likelihood that an event will occur, often expressed as a number between 0 and 1.

Net Earnings Per Share

A financial ratio calculated by dividing the net income of a company by the average number of its outstanding shares, indicating the company's profitability per share.