This topic contains a solution. Click here to go to the answer

Author Question: Patents stimulate investment a. by giving inventors an incentive to incur up-front costs of ... (Read 241 times)

laurencescou

  • Hero Member
  • *****
  • Posts: 593
Patents stimulate investment
 a. by giving inventors an incentive to incur up-front costs of developing new products
  b. by giving tax breaks to inventors
  c. by guaranteeing a profit from new products
  d. by lowering interest rates
  e. through government payments that cover costs of research and development

Question 2

A firm in a perfectly competitive market
 a. can raise the price of its product and sell more output
  b. can lower the price of its product and sell more output
  c. can increase its supply to lower the price
  d. can decrease its supply to raise the price
  e. accepts the market price for its product



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcarey591

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

A

Answer to Question 2

E




laurencescou

  • Member
  • Posts: 593
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

For a complete list of videos, visit our video library