This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Knowledge capital is nonrival in the sense that A) firms do not compete to be the first to ... (Read 79 times)

aabwk4

  • Hero Member
  • *****
  • Posts: 593
on: Jun 29, 2018
Knowledge capital is nonrival in the sense that
 
  A) firms do not compete to be the first to develop new technologies.
  B) two people can use the same knowledge to develop and produce a product.
  C) no single company can be excluded from the benefits of new technologies.
  D) firms can benefit from the research and development of rival firms without paying for that benefit.

Question 2

Vinny consumes tacos and chicken wings. To keep his utility constant, he must consume more tacos if he consumes fewer chicken wings. This means that
 
  A) Vinny's indifference curve for tacos and chicken wings must have a negative slope.
  B) Vinny's marginal rate of substitution must be constant along his indifference curves for tacos and chicken wings.
  C) Vinny's marginal utility from each good must be constant along his convex indifference curves for tacos and chicken wings.
  D) the prices Vinny pays for tacos and chicken wings are always the same.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Mholman93

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 26% of students answer this correctly


aabwk4

  • Member
  • Posts: 593
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Age and Grammatical Knowledge The challenge of learning a second language rises with age. Source: J Age and Grammatical Knowledge The challenge of learning a second language rises with age. Source: J
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
Psychology: It’s Not Just “Common Sense” Psychology: It’s Not Just “Common Sense”
Testing Infants’ Knowledge Testing Infants’ Knowledge
The PharmGKB Knowledge Pyramid The PharmGKB Knowledge Pyramid
Selected Narrow Sense Heritability (h2) Values for Animals and Plants Selected Narrow Sense Heritability (h2) Values for Animals and Plants
Video: Global warming and its effect on climate change

For a complete list of videos, visit our video library