Author Question: Because knowledge capital is nonexcludable and nonrival, firms have an incentive to ________ the ... (Read 72 times)

krzymel

  • Hero Member
  • *****
  • Posts: 548
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

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

For a complete list of videos, visit our video library