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    Microeconomics Study Set 25
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    Exam 16: Externalities
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    When Innovations by One Firm Are Quickly Emulated and Improved
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When Innovations by One Firm Are Quickly Emulated and Improved

Question 25

Question 25

Multiple Choice

When innovations by one firm are quickly emulated and improved on by rival firms in the same industry or in other industries,it is:


A) industrial espionage.
B) illegal under most patents.
C) technology spillover.
D) technology takeover.

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