Eliminating patents would tend to:
A. stimulate innovation in all industries.
B. discourage innovation in all industries.
C. encourage innovation in products made up of many different technologies but discourage
innovation of easy-to-copy products requiring large R&D costs to create.
D. discourage innovation in products made up of many different technologies but encourage
innovation of easy-to-copy products requiring large R&D costs to create.
Answer: C
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a. 25 percent b. 40 percent c. 60 percent d. 70 percent e. 100 percent
A mandatory seatbelt law ends up raising the number of traffic fatalities if it lowers fatalities per accident from 0.12 to 0.08 while raising the number of accidents per period from 400,000 to any more than
A) 480,000. B) 600,000. C) 660,000. D) 770,000.