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The Supply Curve for Innovative Activities

Question 20

Multiple Choice

The supply curve for innovative activities


A) slopes downward because as the price of innovative activities rises, people will want to consume fewer innovative services.
B) slopes downward because as the price of innovation rises, people who would otherwise become scientists begin to go into other occupations like law or business.
C) slopes upward because as the price of innovation rises, more people and capital will be attracted into innovative activities.
D) slopes upward because as the price of innovation rises, people who would otherwise become scientists begin to go into other occupations like law or business.

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