Question

2. Which statement best describes how private industry decides where to spend money
on research and development
a. Money is spent in areas supported by the federal government
b. Business managers invest fads in areas they expect will see a profit
c Business managers invest in research and development to compete with foreign
competition

Answer 1

I choose C I hope it can help you

Answer 2

Answer:c. Business managers invest in research and development to compete with foreign

competition.

Explanation:

The business manager usually invests money in research and development so as to produce new innovative products and services. These products and services can be compared with that of the products produced by foreign countries.