Overview
1. In my financial market graph for the example of positive externalities and technology, if the firm acted in its own interest, it would invest $30 million. So why, then, does society find $52 million to be the optimal level of investment?
2. In the example for R&D investment, what is the original dollar value the firm will invest if it is unable to reap the full social benefits of investing?
3. In your own words, write a brief 1 or 2 sentence summary of the chapter 13 lecture videos for our course.