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Author Question: An alternative to patent protection might be A) dollar prizes for innovation. B) an appeal to ... (Read 93 times)

ts19998

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on: Jul 1, 2018
An alternative to patent protection might be
 
  A) dollar prizes for innovation.
  B) an appeal to altruism.
  C) granting of citizenship for innovation.
  D) forcing innovators to cede their innovations.

Question 2

A competitive firm's supply curve is identical to its marginal cost curve.
 
  Indicate whether the statement is true or false
Microeconomics ¦ Perloff ¦ 8th Edition
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tanna.moeller

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

A

Answer to Question 2

False. The statement is only partly correct. The supply curve is only that portion that lies above AVC.


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