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Mairoon Mairoon
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6 years ago
A justification for patents is that without patents consumer surplus would be
A) larger than with the patent.
B) zero since the product would not be invented.
C) only slightly smaller than with the patent.
D) zero since the monopoly would be a revenue maximizer.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
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LBCeaLBCea
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6 years ago
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