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...


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?



Jan 07, 2022
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