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

Author Question: Patents stimulate investment a. by giving inventors an incentive to incur up-front costs of ... (Read 307 times)

laurencescou

  • Hero Member
  • *****
  • Posts: 593
on: Jun 30, 2018
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
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

E


laurencescou

  • Member
  • Posts: 593
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

heart model front heart model front
Pupil assessment; B, moving penlight directly in front of pupil. Pupil assessment; B, moving penlight directly in front of pupil.
The Moon passing in front of the Sun, from the STEREO-B spacecraft. The Moon passing in front of the Sun, from the STEREO-B spacecraft.
Most vehicles will be correctly positioned when the left front tire is centered on the tire pad. Most vehicles will be correctly positioned when the left front tire is centered on the tire pad.
Consider a two-period economy with no investment opportunities: first and second period output ... Consider a two-period economy with no investment opportunities: first and second period output ...
A pool player is attempting a fancy shot. He hits the cue ball giving it a speed of 5.57 m/s ... A pool player is attempting a fancy shot. He hits the cue ball giving it a speed of 5.57 m/s ...
Video: Cataract

For a complete list of videos, visit our video library