Patents

question 137

Multiple Choice

Patents

• A) increase the incentive to innovate.
• B) require that monopolies increase the amount they produce.
• C) increase the incentive to capture economies of scale.
• D) are granted only to competitive firms and not monopolies.
• E) grant the holder a monopoly that lasts forever.

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Definitions:

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Edelman Trust Barometer

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Public Trust

The level of confidence the general public has in the integrity, ability, or character of a person, organization, or entity.

Taking Responsibility

The act of being accountable for something within one's power, control, or management.