For patents to be effective
A) small networks.
B) network externalities must be realized.
C) property rights need to be enforced.
D) there needs to be fewer economies of scope.
C
You might also like to view...
The economy pictured in the figure has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 
A. recessionary; A B. recessionary; C C. recessionary; B D. expansionary; A
Lisa views pizzas and burritos as goods. If she prefers a bundle of 4 burritos and 4 pizzas to a bundle of 4 burritos and 5 pizzas, which property of consumer preference is violated?
What change in the assumptions could lead a rational consumer to prefer the first bundle?
A fishing boat owner brings 50,000 fish to market and the market price is $4 per fish. Her average variable cost of 50,000 fish is $1 and the fixed cost of the boat is $100,000 . what is her profit per fish?
a. $1 b. $500 c. $5,000 d. $25,000 e. $500,000
An increase in money demand would create a surplus of money at the original value of money
a. True b. False Indicate whether the statement is true or false