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Author Question: Because knowledge capital is nonexcludable and nonrival, firms have an incentive to ________ the ... (Read 42 times)

krzymel

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on: Jun 29, 2018
Because knowledge capital is nonexcludable and nonrival, firms have an incentive to ________ the research and development of other firms.
 
  A) free ride on B) ignore C) not use D) make bids on

Question 2

If the minimum wage is set above the market wage,
 
  A) highly-skilled workers will have a harder time finding jobs.
  B) the quantity of labor supplied will be below the quantity of labor demanded.
  C) unemployment will rise.
  D) All of the above are correct.


lindahyatt42

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


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