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Author Question: Knowledge capital is nonrival in the sense that A) firms do not compete to be the first to ... (Read 87 times)

aabwk4

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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
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Mholman93

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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.
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aabwk4

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Reply 2 on: Jun 29, 2018
Excellent

Joy Chen

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Reply 3 on: Yesterday
Wow, this really help

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