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Author Question: The Time-for-a-Change wristwatch company holds a patent on holographic wristwatches. The company can ... (Read 66 times)

magmichele12

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on: Apr 19, 2019

The Time-for-a-Change wristwatch company holds a patent on holographic wristwatches. The company can earn a profit on the sale of holographic wristwatches


◦ in the short run but not in the long run because new firms will enter the industry in the long run.
◦ only in the long run because government regulations prevent monopolists from earning profits in the short run.
◦ in the long run but not the short run because the monopolist will face competition in the short run.
◦ in the long run because entry into the industry by new firms is blocked until the patent expires.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by magmichele12 on Apr 19, 2019

vkodali

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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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magmichele12

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Reply #2 on: Apr 19, 2019
Thanks


vkodali

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Reply #3 on: Apr 19, 2019
Welcome :)


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