Which of the following statements is true about patents and copyrights?
A: They have benefits and costs.
B: They lead to higher prices.
C: They enhance the ability of monopolists to earn above-average profits.
D: They lead to lower prices.
A: They have benefits and costs.
B: They lead to higher prices.
C: They enhance the ability of monopolists to earn above-average profits.
D: They lead to lower prices.
举一反三
- Which of the following statements is true about patents and copyrights?
- Which of the following statements is NOT true about the lead?
- In market-penetration pricing, the company’s objective in pricing is to ________, believing that higher sales volume will lead to lower unit costs and higher long-run profits.
- Which of the following is an effect of expansionary monetary policy A: lower prices. B: lower real output. C: higher employment.
- Prices of daily goods ___________ through a computer can be lower than store prices.