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Author Question: ________ provide an incentive for invention and innovation. (Read 42 times)

ETearle

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on: Apr 19, 2019

Question 1

A patent is a barrier to entry


◦ that allows use of an invented product or process by everyone.
◦ that grants exclusive use of an invented product or process to the inventor.
◦ that grants exclusive use of an invented product or process to the government.
◦ that only allows use of an invented product or process to other companies within the industry.

Question 2

________ provide an incentive for invention and innovation.


◦ Economies of scale
◦ Network effects
◦ Natural monopolies
◦ Patents
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by ETearle on Apr 19, 2019

gabrielle_lawrence

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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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ETearle

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Reply #2 on: Apr 19, 2019
Excellent


gabrielle_lawrence

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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