Why is society likely to underinvest in basic research, Microeconomics

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Why is society likely to underinvest in basic research

Problem

Explain how basic research can be thought of as a public good. Why is society likely to underinvest in basic research?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why is society likely to underinvest in basic research

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Microeconomics: Why is society likely to underinvest in basic research

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