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    Microeconomics Study Set 45
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    Exam 15: Technology, RD, and Efficiency
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    The Outcomes from R&D Expenditures by Firms Are
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The Outcomes from R&D Expenditures by Firms Are

Question 52

Question 52

Multiple Choice

The outcomes from R&D expenditures by firms are


A) always profitable for the firms, if they have the funds available.
B) the most costly use of funds by the firm.
C) subject to economies of scale.
D) expected, but not guaranteed.

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