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.
Correct Answer:

Verified
Correct Answer:
Verified
Q15: Why are the private returns to innovation
Q16: Microprocessors have become faster and faster since
Q17: Locations like Silicon Valley,California; Cambridge,Massachusetts; and Bangalore,India
Q18: Scientific investigations that have no immediately obvious
Q19: Television would have been considered a "new
Q21: Which of the following would NOT encourage
Q22: The immigration of skilled scientists and engineers
Q23: Which of the following would NOT be
Q24: Which of the following best fits the
Q25: Which of the following would be an