When Technology Spillover Occurs

Multiple Choice

When technology spillover occurs,

A) it is the government's responsibility to own firms that are engaged in high-tech research.
B) a firm's research yields technological knowledge that can then be used by society as a whole.
C) those firms engaged in technology research should be taxed by the government.
D) firms invest in the latest production technology and the cost of that technology "spills over" to the prices consumers must pay for the product.