If a firm's efforts to be technologically innovative will create a positive externality, then that firm will likely a) have more incentive to innovative to the extent that the whole of society desires b) demand more financial capital investment to expand its R&D activities c) invest significantly more in its R&D activities d) have less incentive to innovate to the extent that the whole of society desires

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter2: Fundamental Economic Concepts
Section: Chapter Questions
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If a firm's efforts to be technologically innovative will create a positive
externality, then that firm will likely a) have more incentive to innovative to
the extent that the whole of society desires b) demand more financial
capital investment to expand its R&D activities c) invest significantly more in
its R&D activities d) have less incentive to innovate to the extent that the
whole of society desires
Transcribed Image Text:If a firm's efforts to be technologically innovative will create a positive externality, then that firm will likely a) have more incentive to innovative to the extent that the whole of society desires b) demand more financial capital investment to expand its R&D activities c) invest significantly more in its R&D activities d) have less incentive to innovate to the extent that the whole of society desires
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