U.S. patent laws establish property rights for inventors of new products
a. forever
b. until a superior invention comes along
c. for 3 years
d. for 10 years
e. for 20 years
E
Economics
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The most important reason for the increasing prominence of the corporation was:
a. protection from creditors. b. that some businesses required more capital than one person or a few people could provide. c. the use of "double liability." d. None of the above
Economics
Suppose there are two goods (X and Y). On a traditional graph of a budget line a tripling of all prices and incomes will
a. alter the slope of the budget line only. b. alter the slope of the budget line as well as the Y-intercept. c. alter the slope of the budget line as well as the X-intercept. d. leave the budget line unaltered.
Economics