The investment by firms in the creation of products not yet available on the market is referred to as:
A) working capital.
B) creative capital.
C) innovation funds.
D) research and development.
Question 2
Economists use the term externalities to refer to
A) consequences people ignore in their decision making.
B) any cost associated with an action.
C) foreign imports or exports.
D) the behavior in which people actually engage as distinct from their alleged reasons for acting as they do.
E) the outside directors of a corporation as distinct from corporate directors who are also managers.
Seafloor Spreading and Creation of New Ocean Crust
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Michelangelo, The Creation of Adam (unrestored), ceiling of the Sistine Chapel.
Standardization of Selected Herbal Products
Saving and Investment Rates of Industrialized Countries, 1960–1974