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Firms Free Ride on the Research and Development of Other

Question 79

Multiple Choice

Firms free ride on the research and development of other firms when they


A) buy a firm's newly developed product,and then give it away to consumers.
B) use knowledge other firms have developed without paying for that knowledge.
C) license a new technology from a firm that developed the new technology.
D) choose a level of research and development that is inefficiently high.

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