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  3. Study Set
    Modern Principles of Economics
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    Exam 8: Growth, Capital Accumulation and the Economics of Ideas: Catching up Vs the Cutting Edge
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    A Patent
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A Patent

Question 57

Question 57

Multiple Choice

A patent:


A) provides temporary monopoly power to the company that receives it.
B) usually never expires.
C) increases the spillover effect of a new idea.
D) allows more people to benefit from a new idea.

Correct Answer:

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