The Economic Efficiency Argument for Patents Is To

question 39

Multiple Choice

The economic efficiency argument for patents is to:

• A)ensure the profitability of firms with patent protection.
• B)enable people and firms to internalize the external benefits of their inventions.
• C)raise sufficient revenue for the firms so that they can at least break even.
• D)ensure that the benefits of discoveries and inventions are entirely transferred to society at-large.

Formulate arguments for improving workplace safety and health.

Describe components of effective health prevention programs.

Recognize controversial approaches to controlling occupational diseases.

List methods to reduce the incidence of occupational diseases.

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Definitions:

Distinctives

Features or characteristics that clearly differentiate one entity, product, or service from others.

Strategic Sourcing Process

A methodical approach to procurement that focuses on developing supply chains for critical goods and services to reduce costs and improve quality.