Patents stimulate technological advance by
A) allowing inventors to capture the economic rewards of their inventions.
B) making capital more productive.
C) providing information about the status of technical knowledge in the economy.
D) enabling the government to determine which potential technological advances firms should pursue.
A
Economics
You might also like to view...
A monopsonist is
A) a single buyer. B) a single seller. C) a unionized labor market. D) a non-profit-maximizing firm.
Economics
At any given time,
a. planned investment equals planned saving. b. planned investment equals actual investment. c. planned saving equals actual saving. d. actual investment equals actual saving.
Economics