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    Microeconomics Study Set 45
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    Exam 15: Technology, RD, and Efficiency
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    When Entrepreneurs Use Their Own Personal Savings to Finance the R&D
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When Entrepreneurs Use Their Own Personal Savings to Finance the R&D

Question 256

Question 256

True/False

When entrepreneurs use their own personal savings to finance the R&D for their new venture, the marginal cost of financing is zero.

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