Which of the industries listed below relies the most on patent protection to recoup its investments on research and development?

A. the pharmaceutical industry
B. the dairy industry
C. the restaurant industry
D. the citrus industry


Answer: A

Economics

You might also like to view...

The relationship between the level of saving and the level of consumption is called the savings function

Indicate whether the statement is true or false

Economics

Sophisticated waste treatment plants can reduce organic pollution by up to ________ percent.

A. 25 B. 99 C. 95 D. 75

Economics

Owen and Simon both like playing with balls and cars. Suppose B represents the number of balls, and C represents the number of cars. If Owen's utility function can be given by U(B, C) = 10B + 5C, and Simon's utility function can be given by U(B, C) = 6B + 6C, which of the following trades would benefit Simon but not Owen?

A. Owen gives Simon 3 cars in exchange for 2 balls B. Owen gives Simon 2 cars in exchange for 3 balls C. Owen gives Simon 3 balls in exchange for 2 cars D. Owen gives Simon 2 balls in exchange for 3 cars

Economics

The rate of interest that Federal Reserve banks charge member banks is called the

What will be an ideal response?

Economics