One benefit of the patent system is that it encourages the production of technical knowledge

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Describe the role of offshore banking and of offshore currency (eurocurrencies) trading

What will be an ideal response?

Economics

Suppose the demand curve for a good shifts rightward, causing the equilibrium price to increase. This increase in the price of the good results in

A) a rightward shift of the supply curve. B) an increase in quantity supplied. C) a leftward shift of the supply curve. D) a downward movement along the supply curve.

Economics