A patent creates a monopoly by restricting _______.
A) entry into the market
B) the number of complements for the product
C) demand for the product
D) the amount of advertising that can be undertaken

Question

Quizplus · Accepted Answer

A patent restricts entry into the market by granting the patent holder exclusive rights to manufacture, use, or sell the patented invention for a certain period of time, thereby preventing others from entering the market with the same or a substantially similar product.

A Patent Creates a Monopoly by Restricting _______