4) Refer to the table below to answer the following questions. Table 2 Firm A R&D No R&D A:-$3 A: $25 R&D B: $15 B: $60 Firm B A: $60 A: $50 No R&D B: -$3 B: $35 Refer to Table 2. Firms A and B can conduct research and development (R&D) or not conduct it.

4) Refer to the table below to answer the following questions. Table 2 Firm A R&D No R&D A:-$3 A: $25 R&D B: $15 B: $60 Firm B A: $60 A: $50 No R&D B: -$3 B: $35 Refer to Table 2. Firms A and B can conduct research and development (R&D) or not conduct it.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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2. Rewrite the Literature for your Research by referring to the mentioned paper, this canbe a part of your literature study. Imagine you wanted to work with the followingresearch question: “In India, which factors motivate the vendors (running small/ microfirms) to utilize WhatsApp?”.Instruction: Imagine yourself working on the above research, and refer the mentionedpaper as a major part of your literature study. Cite most of the past researchesmentioned in this paper and prepare a literature write-up not exceeding 1000 words.Make sure your literature write-up is aligned with the research question mentionedabove. For more information about any research that has been referred by Modak andMupepi, you may download it using NMIMS digital Library.