« previous next »

Author Question: What role does research and development play in increasing productivity? What will be an ideal ... (Read 72 times)

Engineer

  • Hero Member
  • *****
  • Posts: 527
on: Jun 30, 2018
What role does research and development play in increasing productivity?
 
  What will be an ideal response?

Question 2

Assuming a long-run aggregate supply curve, a decrease in taxes results in ________ in output and ________ in price level.
 
  A) no change; an increase B) an increase; no change
  C) a decrease; a decrease D) no change; a decrease


Awesome

  • Sr. Member
  • ****
  • Posts: 280
Reply #1 on: Jun 30, 2018
Answer to Question 1

Research and development refers to the activities directed at improving scientific knowledge, generating new innovations or implementing of existing knowledge to production in order to improve the technology of a firm or an economy. Since an improvement in technology increases productivity, research and development facilitates increases in productivity.

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Engineer

  • Hero Member
  • *****
  • Posts: 527
Reply #2 on: Jun 30, 2018
Thank you


Awesome

  • Sr. Member
  • ****
  • Posts: 280
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

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.

Hormonal control of insect development. Hormonal control of insect development.
Growth and Development Growth and Development
miRNA function in limb development miRNA function in limb development
Development of Foliation due to Directed Pressure Development of Foliation due to Directed Pressure
Satellite data on primary productivity in the equatorial Pacific Ocean Satellite data on primary productivity in the equatorial Pacific Ocean
Video: Subunits of DNA And Semi Conservative Replication

For a complete list of videos, visit our video library