When Technology Spillover Occurs

question 176

Multiple Choice

When technology spillover occurs,

• A)it is the government's responsibility to own firms that are engaged in high-tech research.
• B)a firm's research yields technological knowledge that can then be used by society as a whole.
• C)those firms engaged in technology research should be taxed by the government.
• D)firms invest in the latest production technology and the cost of that technology "spills over" to the prices consumers must pay for the product.

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Definitions:

Average American

A term often used to describe a typical or representative individual from the United States, based on various demographic or statistical measures.

Forms Of Media

Various means of communication and expression, including print, digital, broadcast, and social platforms, used to convey information or entertainment.

Hours Per Day

A measure of time, specifically the number of hours spent on a particular activity or activities within a 24-hour period.

Common Victim

A term that could refer to a group or type of individuals frequently targeted or affected by a specific problem, crime, or injustice.