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    Modern Principles of Economics
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    Exam 8: Growth, Capital Accumulation and the Economics of Ideas: Catching up Vs the Cutting Edge
  5. Question
    Patents Allow a Firm to Enjoy a Monopoly, Thus Increasing
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Patents Allow a Firm to Enjoy a Monopoly, Thus Increasing

Question 132

Question 132

Multiple Choice

Patents allow a firm to enjoy a monopoly, thus increasing the incentive to:


A) imitate their competitors.
B) decrease capital investment.
C) rely on government scientists and engineers.
D) research and develop new products.

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