Solved

Once It's Patent Application Has Been Accepted, a Firm Is

Question 38

Multiple Choice

Once it's patent application has been accepted, a firm is able to earn _______ on its product, which _______.


A) an increased rate of return for investors; raises doubts further R&D activities
B) more profit; will allow it to recover the biggest slice of the social value created
C) monopoly profits; offers an incentive for research and development to take place
D) competitive profits; creates incentive for continuing innovative R&D projects

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents