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sergij07 [2.7K]
2 years ago
9

hich of the following is not a reason why government agencies subsidize basic research? a. The private market devotes too few re

sources to basic research. b. The social benefit of additional knowledge is perceived to be greater than the cost of the subsidies. c. The government wants to attract the brightest researchers away from private research firms. d. The general knowledge developed through basic research can be used without charge.
Business
2 answers:
Oxana [17]2 years ago
4 0

Answer:

 c. The government wants to attract the brightest researchers away from private research firms

Explanation:

Research is one of the activities that generates postive externality.

Positive externality is when the benefits of economic activities to third parties exceeds the costs.

Activities that generates postive are usually underproduced because of the high cost associated with it. In order to encourage production, the government usually grants subsidies.

I hope my answer helps you

lys-0071 [83]2 years ago
4 0

Answer:

C) The government wants to attract the brightest researchers away from private research firms.

Explanation:

The greatest factor that fosters sustained long term economic growth is an increase in productivity. Productivity generally increases by increasing labor factor, e.g. more and better education and training, more capital invested, e.g. more factories, equipment, etc., and technological innovation. Technological innovation has fostered American growth during the last decades and it is only  possible through research. Technological innovation doesn't only include computers, software and the internet, they also advances in medicine, crop science, and others.  

Sometimes innovations come from private companies, e.g. computers, but other times innovation comes from government entities, e.g. internet. The US military and the NASA have contributed with thousands of different innovations and inventions that helped the country and made it grow economically.

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It is election day and 1800 voters vote in their precinct’s library during the 10 hours the polls are open. On average, there ar
lorasvet [3.4K]

Answer:

Inventory = 15 voters

Flow rate = 3 voters per minute

Flow Time = 5 minutes

Explanation:

Flow rate is defined as the flow of units for each minute, or the minutes or each unit.

Here, number of voters is the units = 1,800 voters

Also provided number of hours = 10

Thus, flow rate shall be:  1,800/10 = 180 voters each hour

Now \frac{180}{60\ minutes} = 3 voters per minute.

Flow time is the average time by each unit, that is time taken for each unit.

Flow time = 5 minutes

Now, that we know what flow rate and flow time is:

Inventory of voters = Flow rate \times Flow time = 3 voters \times 5 minutes = 15 voters.

5 0
2 years ago
Many apartment-complex owners are installing water meters for each apartment and billing the occupants according to the amount o
kondor19780726 [428]

Answer:

<h2>The law of diminishing marginal utility and law of demand explain the decline in water usage by the residents or occupants,in this case.</h2>

Explanation:

  • In Microeconomic Theory,the law of diminishing marginal utility basically states that as a rational consumer or buyer consumes additional or one more unit of any product or service,the incremental or additional utility or satisfaction obtained from that per unit consumption or purchase decreases progressively.
  • Now,law of diminishing marginal utility has a conceptual connection with law of demand,which denotes the inverse or negative relationship between price of any normal good or service and its consumer demand.It implies that as price of any normal good or service increase,its consumer demand decreases and vise versa.
  • Now,observe that according to law of diminishing marginal utility,the additional or incremental consumer utility or satisfaction declines for per unit consumption,which essentially implies that the additional or marginal value of any normal product or service that the consumer is willing to pay decreases as he or she increases the consumption level.
  • Therefore,the willingness to pay for any consumer decreases progressively as he or she increases consumption level.This also explains that to increase the consumption level of any buyer or consumer,the product or service price has to decrease and vise versa.
  • In this case,as the residents use more units of water,the marginal utility or satisfaction obtained by the residents declines increasingly and so does the value they are willing to pay for more water usage.Now,installation of water meters compels the residents to pay for every unit of water they use and since the marginal utility of water drops with each unit of water usage,the price that the residents are willing to pay also drop for each additional unit of water that they use. In other words,the residents don't want to pay more and thus,they restricted their water usage.Therefore,the water usage also declined following the installation of water meter.
3 0
2 years ago
Consider a company that provides two services using the same basic process. Service A is relatively complex, and has 15 opportun
patriot [66]

Answer:

The answer is: Total DPMO of the overall process is = 4,733.33

Explanation:

To calculate the defects per million opportunities (DPMO) we use the following formula:

       DPMO = (D/(U*O))*1,000,000

  • Defects = D
  • Unit = U
  • Opportunity to have a defect = O

We are given the following data:

<u>Service A:</u>                                           <u>Service B:</u>

D = 10                                                  D = 17

U = 500                                              U = 1,000

O = 15                                                  O = 5

DPMO Service A = [10 / (500 x 15)] x 1,000,000 = 1,333.33

DPMO Service B = [17 / (1,000 x 5)] x 1,000,000 = 3,400

Total DPMO = 4,733.33

4 0
2 years ago
reative Sound Systems sold investments, land, and its own common stock for $36.0 million, $14.4 million, and $38.8 million, resp
Bingel [31]

Answer:

$18.4 million

Explanation:

The computation of the net cash flows from financing activities is shown below:

Cash flows from financing activities

Issuance of the common stock $38.8 million

Less: Purchase of treasury stock -$20.4 million

Net cash flows provided from financing activities $18.4 million

The positive sign represents the inflow of cash and the negative sign shows the outflow of cash and the same is shown above

5 0
2 years ago
The ____________ firewire connector must use a separate power supply.
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The 4-pin Firewire Connector must use a separate power supply.   4-pin Connectors are used for Laptops, Camcorders and other small devices  4-pin lacks the power connectors, it is for  data only.


3 0
2 years ago
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