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A 2021 study recently found that a 10 percent increase in fees for obtaining a trademark generated a 4.0 percent decrease in applications for trademark
A 2021 study recently found that a 10 percent increase in fees for obtaining a trademark generated a 4.0 percent decrease in applications for trademark protection. From this we can conclude Group of answer choices trademark protection is a normal good but income inelastic. trademark fees should be reduced during times of recession. demand for trademark protection is price elastic. demand for trademark protection is price inelastic
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