Author Question: Because knowledge capital is nonexcludable and nonrival, firms have an incentive to ________ the ... (Read 68 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?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

For a complete list of videos, visit our video library