Author Question: Foreign residents can benefit from U.S. research and development activity because A) they ignore ... (Read 161 times)

krzymel · **on:** Jun 29, 2018

Foreign residents can benefit from U.S. research and development activity because

A) they ignore U.S. patent laws and steal the technology.
B) they can import the goods, obtaining inputs at lower cost than they would otherwise.
C) countries usually share patented ideas.
D) patents do a poor job of protecting the inventor.

Question 2

A decrease in supply will occur when

A) the supply curve shifts downward to the right.
B) the supply curve shifts upward to the left.
C) the demand curve shifts downward to the left.
D) the demand curve shifts upward to the right.