Which of the following may influence technological progress?
a. The scale of the market
b. Monopolies
c. Research and development spending
d. All of the above
Taxes and Induced Innovations Suppose a country imposed heavy taxes to increase the price of gasoline. How would this affect the incentive to develop batterypowered automobiles?
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here