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hiusy98 hiusy98
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7 years ago
Which of the following statements regarding patents is false?
A) Patents can help firms gain market power through innovation and then act as a barrier to entry.
B) A firm that has market power as a result of a patent may be more likely to innovate than a perfectly competitive firm.
C) Patents encourage the production of information, which might otherwise be under supplied.
D) Patents can last for an indefinite time period.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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andyborziandyborzi
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Posts: 449
7 years ago
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hiusy98 Author
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7 years ago
Project is complete now, thank you for your expertise!
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