In a country that does not protect patents,what impact would you expect to see on the amount of research and development?
A) There would be more, because companies are civic-minded and highly motivated to introduce innovations that improve the standard of living.
B) There would be less, because the benefits to society of engaging in research and development would be less than the costs to society.
C) There would be less, because if they made a significant investment in the development, they would be unable to protect the innovations or discoveries long enough to be sufficiently compensated for their efforts.
D) There would be more, because they could still hope to monopolize the market.
Correct Answer:
Verified
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