This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Governments grant patents to A) encourage low prices. B) compensate firms for research and ... (Read 91 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: Jun 29, 2018
Governments grant patents to
 
  A) encourage low prices.
  B) compensate firms for research and development costs.
  C) encourage firms to reveal secret production techniques.
  D) encourage competition.

Question 2

Which of the following is not a characteristic of oligopoly?
 
  A) the ability to influence price B) a small number of firms
  C) interdependent firms D) low barriers to entry


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcomstock09

  • Sr. Member
  • ****
  • Posts: 377
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


lb_gilbert

  • Member
  • Posts: 588
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Research Methods Research Methods
Object and Word Recognition After Vertices Have Been Eliminated (Adapted from Szwed, M., Cohen, L, Q Object and Word Recognition After Vertices Have Been Eliminated (Adapted from Szwed, M., Cohen, L, Q
Looking at objects in nature is a great way to encourage joint attention and allows infants to learn ... Looking at objects in nature is a great way to encourage joint attention and allows infants to learn ...
With the research technique called brainbow, each neuron is labeled with a different color, ... With the research technique called brainbow, each neuron is labeled with a different color, ...
Oil supply and prices affect the economies of nations Oil supply and prices affect the economies of nations
In order to encourage Canadians to avoid cross border shopping, Walmart Canada is striving to ... In order to encourage Canadians to avoid cross border shopping, Walmart Canada is striving to ...
Video: Egg and Sperm Formations in Animals Animation

For a complete list of videos, visit our video library