The creation of knowledge assets is typically characterized by
A) high upfront costs and subsequent high variable costs.
B) high fixed costs and high variable costs.
C) low upfront costs and high variable costs.
D) high upfront costs and low variable costs.

Question

Quizplus · Accepted Answer

The creation of knowledge assets often involves significant initial investment in research, development, and intellectual property protection, which are high upfront (fixed) costs. However, once these assets are created, the cost to reproduce or distribute them (variable costs) is relatively low, especially in digital formats.

The Creation of Knowledge Assets Is Typically Characterized by