A patent is an example of a cost advantage independent of size.

Name: A patent is an example of a cost advantage independent of size.
Brand: Quizplus
Rating: 4.8 (55 reviews)

Question

Quizplus · Accepted Answer

A patent provides legal protection for a specific invention or process, giving the owner exclusive rights to produce, use, and sell the invention. This can provide a cost advantage over competitors, regardless of the size of the company, as they are not able to produce or sell the patented item without permission from the patent owner.

A Patent Is an Example of a Cost Advantage Independent