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Author Question: The winner-take-all aspect of patent awards elicits a socially optimal research effort. Indicate ... (Read 51 times)

vicky

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on: Jul 1, 2018
The winner-take-all aspect of patent awards elicits a socially optimal research effort.
 
  Indicate whether the statement is true or false

Question 2

Although Thomas Edison invented the lightbulb in 1879, by 1907 only ___ percent of U.S. homes had electricity.
 
  a. 8
  b. 20
  c. 38
  d. 50


recede

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

F The race to win may bring haste and wasteful effort. But the race is also difficult to avoid.

Answer to Question 2

A


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