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You are driving cross-country and stop in at a fast food restaurant. You eat several cheeseburgers and a gargantuan mound of salty fries. After eating this food, you find yourself very thirsty. Your thirst would be best quenched by drinking
Patent
A legal right granted to an inventor or assignee to exclusively make, use, or sell an invention for a certain number of years.
Fixed Cost
Expenses that do not change in total despite fluctuations in the volume of goods or services produced or sold.
Patent
A legal document granted by the government, giving an inventor exclusive rights to make, use, and sell an invention for a certain number of years.
Demand Function
A mathematical function that describes the quantity of a good that consumers are willing and able to purchase at various prices.
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