The Ability of the DVCs to Use the Technologies of the IACs

question 62

Multiple Choice

The ability of the DVCs to use the technologies of the IACs is somewhat limited because

• A) the IACs have patents on most of their technologies.
• B) the IACs and the DVCs have much different resource endowments.
• C) the technologies of the IACs rely heavily on unskilled labor.
• D) IAC technologies are labor-intensive, while DVC technologies are capital-intensive.

---

Definitions:

Social Costs

The negative effects or burdens that economic activities may impose on society, which are not directly reflected in market prices.

Gender-Biased Prejudice

Prejudice or discrimination based on someone's gender, often resulting in unfair treatment or assumptions about capabilities.

Stereotypical Characteristics

Generalized attributes or traits often inaccurately or oversimplistically attributed to specific groups or categories of people.

Supportive Mentoring

A mentorship approach where the mentor provides emotional backing, encouragement, and support to the mentee.