Multiple Choice
Suppose scientific research generates external benefits.Without government intervention,the market for scientific research would
A) produce the efficient amount.
B) produce more than the efficient amount.
C) produce some research, but less than the efficient amount.
D) produce zero research.
E) either produce more than or less than the efficient amount depending on whether the external benefit is on the production or consumption of the research.
Correct Answer:

Verified
Correct Answer:
Verified
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