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.

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Definitions:

Nerve Endings

The terminal parts of nerve cells that make synaptic connections with other nerve cells, muscles, or glands.

Nervous System

An extensive network of specialized cells that communicate information about an organism's environment and its own body in order to regulate its functions.

Sensory Adaptation

The process by which sensory receptors become less sensitive to constant or unchanging stimuli over time, allowing individuals to focus on changes in their environment.

Just Noticeable Difference

The smallest difference in stimulation that can reliably be detected by an observer.