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Author Question: What is a patent? What will be an ideal response?[br][br][b][color=#FBB117]Question ... (Read 52 times)

kodithompson

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on: Jun 29, 2018
What is a patent?
 
  What will be an ideal response?

Question 2

The quantity theory of money seeks to explain the connection between money and
 
  A) output. B) unemployment. C) prices. D) interest rates.


hollysheppard095

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A patent is an example of a barrier to entry that grants exclusive use of the patented product or process to the inventor for a specified period of time.

Answer to Question 2

C


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