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Question 16 3 pts In comparing R&D expenditures for PFE and MRK (below), which of the following statements is true? Pfizer Pfizer Pfizer (PFE) (PFE) Merck Merck Merck (MRK) (MRK) (MRK) (PFE) (in 2020 2019 2018 2020 2019 2018 millions) $ R&D $9,405 $8,394 $7,760 $9,872 $9,752 13,558 $ $ $ $ $ Revenues $41,172 41,908 40,825 47,994 46,840 42,294 2019 than in 2018 O MRK is more R&D intensive MRK has become less R&D intensive over the three years OPFE has become less R&D intensive over the three years OPFE is the less R&D intensive company of the two 3 pts