Author Question: Because knowledge capital is nonexcludable and nonrival, firms have an incentive to ________ the ... (Read 77 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 human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

For a complete list of videos, visit our video library