Which of the following circumstances would encourage I’MaPharmaCo. to increase research and development activities?
A. cost of financial capital is high
B. patent term expires in 20 years
C. cost of financial capital is low
D. a low rate of return is likely
Answer:C
Which of the following circumstances would encourage I’MaPharmaCo. to increase research and development activities?
A. cost of financial capital is high B. patent term expires in 20 years C. cost of financial capital is low D. a low rate of return is likely
Explanation: Type: Multiple Choice