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Author Question: Although patents are a ________, they also provide ________. (Read 13 times)

awywial

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on: Apr 19, 2019

Question 1

A barrier to entry that grants exclusive use of an invented product or process to the inventor is called ________.


◦ a government franchise
◦ a patent
◦ economies of scale
◦ the ownership of a scarce resource

Question 2

Although patents are a ________, they also provide ________.


◦ collusive agreement; for free entry of new firms
◦ collusive agreement; an incentive for invention and innovation
◦ barrier to entry; for free entry of new firms
◦ barrier to entry; an incentive for invention and innovation
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by awywial on Apr 19, 2019

macmac

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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awywial

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

kusterl

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Reply 3 on: Yesterday
Excellent

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