Bowflex, Inc., which manufactures total-strength training systems for home use, obtained a patent on its Power Rods.Bowflex has a(n) ____ for this product.

Question

Quizplus · Accepted Answer

Bowflex has a limited monopoly on its Power Rods due to the patent they obtained. This does not give them complete control over the market or prevent competition, but does give them exclusive rights to manufacture and sell the product for a certain period of time.