Multiple Choice
The government should formulate a technology policy because
A) private incentives for technology production may outweigh the social benefits of such production.
B) research on technology can be kept secret.
C) the technology being produced is highly excludable.
D) the incentives are too low without government intervention.
E) the incentives to produce the technology are too high.
Correct Answer:

Verified
Correct Answer:
Verified
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