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Author Question: Patents have been defended by some on the grounds that they stimulate inventive activity. Others ... (Read 57 times)

michelleunicorn

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on: Jul 1, 2018
Patents have been defended by some on the grounds that they stimulate inventive activity. Others have argued for changes in current patent laws because:
 a. resources are misallocated by the grant of a patent monopoly
  b. patents may not be necessary to encourage inventive activity
  c. the current patent monopoly period (17 years) is too short to encourage any inventive activity.
  d. a and b only
  e. all of the above

Question 2

Ebay's use of bidding agents will
 a. effectively turn an English auction into a Vickery auction
  b. effectively turn a Vickery auction into an English auction
  c. decide how much to shade your bid for you
  d. make you a more aggressive bidder


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dyrone

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Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

a


michelleunicorn

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

nanny

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Reply 3 on: Yesterday
Excellent

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