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Question
_____ refers to the allocation of a finite quantity of resources over different possible uses.A. Systematic enrollment
B. Translational funding
C. Organizational appropriation
D. Capital rationing
Answer
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Related questions
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Once a new product design becomes a dominant design:
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B. it becomes difficult for competitors to imitate.
C. the architecture on which the industry can focus its efforts is destabilized.
D. the product design is adopted by the majority of producers.
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When a technology's performance is plotted against the amount of effort and money invested in the technology, it typically shows slow initial improvement, then accelerated improvement, then diminishing improvement.
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S-curves in technology performance and s-curves in technology diffusion are fundamentally different processes.
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The path a technology follows through time is termed as technology trajectory.
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A. agglomeration economies
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C. virtual economies
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Which of the following is true of externalities?
A. All externalities are negative in nature.
B. They are only borne by individuals responsible for creating them.
C. Technological innovation results in complete eradication of negative externalities.
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Technological innovations increase:
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Technological innovation decreases the amount of output achievable from a given quantity of labor and capital.
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The influence of a dominant design can extend beyond its own technology cycle.
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A legally induced adherence to a dominant design is not possible.
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The learning curve indicates that the more units a company produces of an item, the more each unit will cost.
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What are the factors that determine whether switching to a new technology will benefit a firm?
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How can the s-curves be used as a prescriptive tool? What would be the limitations of this approach?
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Once a new product design becomes a dominant design:
A. the product is no longer profitable.
B. it becomes difficult for competitors to imitate.
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B. it is providing a significant incentive to the owners of its previously developed consoles to buy the new console.
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If a firm's objective is maximum market skimming, it will initially set a high price on new products.
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A. the firm must reduce its production capacity.
B. the firm should improve its efficiency to target the mass market.
C. the early majority market becomes saturated.
D. the early majority market is ready to buy the product.