In General, Which of the Following Is True

question 57

Multiple Choice

In general, which of the following is true?

• A) the number of firms in the industry is far more important than the industry's scientific character and extent of technological opportunities.
• B) the greater an industry's concentration ratio, the higher are its R&D expenditures in relation to sales.
• C) the industry's scientific character and extent of technological opportunities often are more important than the industry's concentration ratio.
• D) the higher the industry's interest cost of borrowing funds for R&D, the greater is the industry's progressiveness.