Economic Analysis Suggests That Patent Laws That Can Often Be

Economic analysis suggests that patent laws that can often be used to limit the entry of potential competitors into an industry

A) redistribute income from consumers to business decision makers without affecting the allocation of resources.
B) may be a source of business monopoly power, but they may also encourage innovation in the long run.
C) encourage product development and the adoption of cost-reducing technologies in the short run but in the long run generally lead to business monopoly.
D) help inventors at the expense of consumers in the long run.