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What's the benefit of expenditure on R&D in an economy.
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Can you give a real work example of it
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- I got a practice test question I dont understand in my economics class. 2. How would you show positive change in the world through an LAS/SAS/AD (Draw graph, and explain whats happening)A fast-food company spends millions of dollars to develop and promote a new hamburger on its menu only to find that consumers won't buy it because they don't like the taste. From an economic perspective, the company should keep the hamburger on the menu because they've spent so much money and time developing and promoting the product. spend more money to develop a more efficient way to cook the hamburger so it cooks in a shorter time. pull the hamburger off the menu and treat the development and promotion expenditures as a sunk cost. keep trying to sell the hamburger so that people who developed and promote it have a job with the company.I got a practice test question I dont understand in my economics class. 1. How would you show positive change in the world through an A.E model (Draw graph, and explain whats happening) 2. How would you show positive change in the world through an LAS/SAS/AD (Draw graph, and explain whats happening)
