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Author Question: The longer a patent lasts, A) the greater the potential economic profits available to an ... (Read 83 times)

clmills979

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The longer a patent lasts,
 
  A) the greater the potential economic profits available to an innovator.
  B) the lower the deadweight loss.
  C) the lower the average costs of production.
  D) the less innovation there will be.

Question 2

If a competitive firm has to pay a lump sum tax, it will produce less.
 
  Indicate whether the statement is true or false


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debra928

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clmills979

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Reply 2 on: Jul 1, 2018
Excellent


cdmart10

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Reply 3 on: Yesterday
Gracias!

 

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