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University Researchers Create a Positive Externality Because What They Discover

question 168

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University researchers create a positive externality because what they discover in their research labs can easily be learned by others who haven't contributed to the research costs. What could the federal government do to equate the equilibrium quantity of university research and the socially optimal quantity of university research produced?


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Number Of Visitors

Refers to the count of individuals visiting a particular place or website within a specified time frame.

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Books that have been borrowed from a library or other lending institution, indicating they are currently in use by patrons.

Dotplot

A statistical chart consisting of data points plotted on a simple scale, used to visualize the distribution of a dataset.

Midterm Results

The outcomes or scores obtained from exams or evaluations conducted halfway through an academic term.

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