True regarding movement along demand curve

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Reference no: EM132169960

1. Regional districts, typically set up by government, to foster R&D collaboration between government, universities, and private firms are called ________.

science parks

free trade areas

complementors

technological trajectories

2. Which of the following statements is true regarding a movement along a demand curve?

It is unaffected by changes in consumer tastes and their income.

It describes the relationship between quantity sold and price, assuming other factors are constant.

It implies the profits of a company have improved significantly.

It helps determine the marginal revenue a company has to achieve in order to be profitable.

It takes into consideration variation in all the demand factors when plotting the demand curve.

3. Breaking Ventures Inc. realized that most parents are worried about their teenage children going out on their own. Based on this information, the company developed a device that could be fixed into teenagers' cell phones, and it helped parents keep track of their children's location. This approach to research and development is referred to as ________.

supply-push

science-push

research-pull

demand-pull

Reference no: EM132169960

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