Indicate if its True, false or uncertain and why? Because important innovations

Question

Indicate if its True, false or uncertain and why?
Because important innovations are highly profitable , regulation that delays new products will have a little impact on the rate of innovation Indicate if its True, false or uncertain and why?
Because important innovations are highly profitable , regulation that delays new products will have a little impact on the rate of innovation
Because important innovations are highly profitable , regulation that delays new products will have a little impact on the rate of innovation

Explanation / Answer

The given statement is False.

Reason: It is given that new innovation ate highly profitable. Thus new innovation must be encouraged and any regulation that delay any such new innovation will significantly decrease the rate of innovation. Due to regulation, developeds will be diacouraged to invest in newer innovations.

Thanks!

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