Once it's patent application has been accepted, a firm is able to earn ________ on its product, which ___________________________________ . Question 16 options: a) competitive profits; creates incentive for continuing innovative R&D projects b) monopoly profits; offers an incentive for research and development to take place c) more profit; will allow it to recover the biggest slice of the social value created d) an increased rate of return for investors; raises doubts further R&D activities