Technology Spillovers

question 238

Multiple Choice

Technology spillovers:

• A)​Can be reduced by way of patents.
• B)​Can lead to clustering of technology firms near one another.
• C)​Are examples of positive externalities.
• D)​All of the above are true.

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how spread out the values are from the mean.

Urban Airport

A landing and takeoff facility for aircraft, located within or near an urban area, often dealing with constrained space and requiring specific designs to minimize noise and pollution.

Normal Distribution

A bell-shaped curve that represents a distribution of values symmetrically clustered around the mean, significant in statistics and probability theory.

Probability

Probability is the branch of mathematics that deals with the likelihood of a given event's occurrence, ranging between 0 (impossible event) and 1 (certain event).