Answer the Following

question 89

Essay

Answer the following:
a)Explain how the free rider problem might apply to the research and development of new technologies,medicine,and processes if research and development were only financed by private funds.
b)How does the government combat the free-rider problem in new ideas?

---

Definitions:

Placenta

Organ formed during pregnancy; allows diffusion of material between maternal and embryonic bloods.

Bulbourethral Gland

Small glands near the base of the male urethra that produce a clear fluid that lubricates the urethra for spermatozoa to pass through.

Raise PH

The action of increasing the pH level of a solution, making it more alkaline or less acidic.

Menstrual Cramps

Painful sensations felt in the lower abdomen that can occur before or during the menstrual period, caused by uterine contractions.