Other than creating new products, what is an advantage that a corporation might obtain by funding applied research?(1 point)
Responses
The corporation could identify new marketing strategies, which would increase demand and allow them to either sell more product or to sell their product at a higher price.
The corporation could identify new knowledge that could be used for later research.
The corporation could reduce their tax burden, which would increase their net profit.
The corporation could improve the current process they use to make their product, making those products cheaper to produce.