Firms can protect information in the form of inventions and other industrial know-how under which two types of laws?
A) patents and trade secrets
B) trade secrets and copyrights
C) trade secrets and trademarks
D) patents and copyrights
A) patents and trade secrets
Economics
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A surplus occurs in a market when:
A) demand exceeds supply. B) price is lower than the equilibrium price. C) price is higher than the equilibrium price. D) the marginal cost of production is negligible.
Economics
In economics
A) both resources and wants are limited. B) both resources and wants are unlimited. C) resources are limited but wants are unlimited. D) resources are unlimited but wants are limited.
Economics