64 525
Assignments Done
99,3%
Successfully Done
In September 2018

Answer to Question #70402 in Macroeconomics for Jobelle Del Rosario

Question #70402
How can governments play a role in promoting knowledge based industries in which fixed costs are high and marginal costs are close to zero?
Expert's answer
In order to promote knowledge-based industries government can give concession, or monopoly power for some given years. It is also possible to invest in fixed cost, and let the private sector to invest in variable cost for some given years.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions