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    Microeconomics Study Set 45
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    Exam 15: Technology, RD, and Efficiency
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    If a Particular R&D Expenditure Is Expected to Be Worthwhile
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If a Particular R&D Expenditure Is Expected to Be Worthwhile

Question 23

Question 23

True/False

If a particular R&D expenditure is expected to be worthwhile, the firm should undertake it because the project will definitely increase the firm's future profits.

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