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

Author Question: Patent laws promote technical progress in all of the following ways except one. Which is the ... (Read 79 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
Patent laws promote technical progress in all of the following ways except one. Which is the exception?
 a. They allow other firms to copy successful products as soon as they are marketed.
  b. They prevent duplication of inventions.
  c. They provide a stimulus to innovation.
  d. They provide the inventor with a temporary monopoly.
  e. They increase a firm's incentive to incur the up-front costs of developing new products.

Question 2

Firms in perfect competition have no control over
 a. all of the following
  b. where to operate on their average total cost curves
  c. what price to charge
  d. how many inputs to use
  e. how much to produce



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

asdfghjkl;

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

A

Answer to Question 2

C




awywial

  • Member
  • Posts: 577
Reply 2 on: Jun 30, 2018
:D TYSM


ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

For a complete list of videos, visit our video library