Patent Laws Promote Technical Progress in All of the Following

question 212

Multiple Choice

Patent laws promote technical progress in all of the following ways except one.Which is the exception?

• A)They allow other firms to copy successful products as soon as they are marketed.
• B)They prevent duplication of inventions.
• C)They provide a stimulus to innovation.
• D)They provide the inventor with a temporary monopoly.
• E)They increase a firm's incentive to incur the up-front costs of developing new products.

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Definitions:

Pathogens

Microorganisms or viruses that can cause disease in humans, animals, or plants.

Autoclave

A pressurized device used to sterilize equipment and supplies by subjecting them to high temperature steam for a period of time.

Sterilization

The process of making something free from bacteria or other living microorganisms.

Infested Clothing

Garments that have been overrun or inhabited by pests, such as lice or bedbugs.