The longer a patent lasts,

A) the greater the potential economic profits available to an innovator.
B) the lower the deadweight loss.
C) the lower the average costs of production.
D) the less innovation there will be.

A

Economics

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In the figure above, the equilibrium exchange rate is expressed as $1 U.S. equals

A) $2.00 Canadian. B) $1.50 Canadian. C) $0.50 Canadian. D) none of the above

Economics

the most commonly used negative incentive by firms is

What will be an ideal response?

Economics