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read the following four passages. answer the questions below each passage by choosing a, b, c or d. passage one there is a widespread belief that the emergence of giant industries has been accomplished by an equivalent surge in industrial research. a recent study of mportant inventions made since the turn of the century reveals that more than half were the product of individual inventors working alone, independent of rganized industrial research. while industrial laboratories contributed such important products as nylon and transistors, independent inventors developed air conditioning, the automatic transmission, the jet engine, the helicopter, insulin, and streptomycin. still other inventions, such as stainless steel, television, silicons, and plexiglass were developed through the combined efforts of individuals and laboratory teams. despite these findings, we are urged to support monopoly power on the ground that such power creates an environment supportive of innovation. we are told that the independent inventor, along with the process driven forward by competition. the price variable once perceived as the dominant aspect of the competitive process is now subordinate to the competition of the new product, the new business structure, and the new technology. while it can be assumed that in a highly competitive industry not dominated by a single corporation, investment in innovation—a risky and expensive budget item—might meet resistance from management and stockholders who might be more concerned with cost-cutting, small firm, cannot afford to undertake the important research needed to improve our standard of living while protecting our diminishing resources; that only the huge assets of the giant corporation or conglomerate can afford the kind of expenditures that can produce the technological advances vital to economic progress. but when we examine expenditures for research, we find that more than half of the government expenditure is funneled into military research and product development. there are those who consider it questionable that these defense-linked research projects will account for an improvement in the standard of living or, alternately, do much to protect our diminishing resources. recent history has demonstrated that we may have to change our long-standing conception of the efficient-organization, and large advertising budgets, it would be a shocking error to assume that the the conglomerates are not, however, completely exempt from strong competitive pressures; there are instances in which they, too, must compete, as against nother industrial leviathan, and then their weapons may include large expenditures on innovation. 41. according to the passage, important inventions of the 20th century 42. from paragraph 2, we learn that
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