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What Does Technology Spillover Refer to

Question 14

Multiple Choice

What does technology spillover refer to


A) the government's responsibility for subsidizing 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) when firms engaged in technology research are taxed by the government if that research causes negative externalities in the market
D) when firms invest in the latest production technology, the cost of that technology "spills over" to the prices consumers must pay for the product

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