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Knowledge Capital Is Nonrival in the Sense That

Question 42

Multiple Choice

Knowledge capital is nonrival in the sense that


A) two people can use the same knowledge to develop and produce a product.
B) firms do not compete to be the first to develop new technologies.
C) no single company can be excluded from the benefits of new technologies.
D) firms can benefit from the research and development of rival firms without paying for that benefit.

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