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A patent is an exclusive right given to an inventor for his or her invention. In other words, a pate...

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the contradictory nature of the patent system  the importance of the patent system  the benefits of the patent system  the monopoly of the patent system  
it creates goods and services and technologies that did not exist previously  it gives an incentive to the inventor to publicize his research findings  it highlights the importance of property rights to ideas  it is a source of economic growth and progress  
it creates goods and services and technologies that did not exist previously  it gives an incentive to the inventor to publicize his research findings  it highlights the importance of property rights to ideas  it is a source of economic growth and progress  
eventual   versatile   extensive   exclusive  
the contradictory nature of the patent system  the importance of the patent system  the benefits of the patent system  the monopoly of the patent system  
focuses on business monopoly  tells us about the patent system in America  discusses a special form of market organization  defines what a patent is and its function  
Right  Wrong  Not mentioned  
are measured by how much the consumers have lost in 17 years  are measured by what the consumers have lost in 17 years  can be determined by the lost consumers surplus from the 17 year patent monopoly  should be determined in the context of an invention  
An increase in consumer well-being.  A reduced price for consumers.  Higher productivity.  The promotion of a desirable invention.  
are measured by how much the consumers have lost in 17 years  are measured by what the consumers have lost in 17 years  can be determined by the lost consumers surplus from the 17 year patent monopoly  should be determined in the context of an invention  
focuses on business monopoly  tells us about the patent system in America  discusses a special form of market organization  defines what a patent is and its function  
eventual   versatile   extensive   exclusive  
can   shall   need   could  

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