Because Firms Can Free Ride on the Research and Development

question 163

Multiple Choice

Because firms can free ride on the research and development of other firms

• A)firms choose a level of research and development where the marginal cost of research is equal to the economy's marginal return of research.
• B)firms choose a level of research and development where the marginal cost of research is above the economy's marginal return of research.
• C)firms choose a level of research and development where the marginal cost of research is below the economy's marginal return of research.
• D)firms choose a level of research and development where the marginal cost of research is below the individual firm's marginal return of research.

---

Definitions:

Sinoatrial Node

The heart's natural pacemaker, located in the right atrium, responsible for initiating the heart's contractions.

Atrioventricular Node

A part of the electrical conduction system of the heart that helps regulate the heart rate by transferring signals from the atria to the ventricles.

Atrioventricular Bundle

A group of heart muscle fibers responsible for conducting impulses from the atria to the ventricles, ensuring coordinated heart contractions.

Pulse Pressure

The difference between systolic and diastolic blood pressure readings, indicating the force that the heart generates each time it contracts.