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A Patent Gives the Inventor Monopoly Control Over the Patented

Question 510

Multiple Choice

A patent gives the inventor monopoly control over the patented good. Patents also


A) ​lead to lower prices for goods.
B) ​create incentives to develop new products.
C) lead to an increase in the number of producers of the patented good.
D) ​lead to increased entry into the market for the patented good.

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