Question: Time left 0 : 0 7 : 2 4 In the knowledge race model with spillover effects and imperfect absorptive capacity ) = ( a

Time left 0:07:24
In the knowledge race model with spillover effects and imperfect absorptive capacity )=(a*G*e-Gc
a. the number of equilibria depends only on S=a*G*e-Gc
b. there are always 3 equilibria for a given level of c
C. the number of equilibria depends on the intersection(s) of S=a*G*e-Gc with bar (r)A- bar (r)B

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