Question 8 - |of 9 Step 1 of 1 00:56: Which statement about patents is true? Select the best answer. Answer 2 Points Key Keyboard Sho The number of patents granted is higher than the number of patents filed, Patents may sometimes cover too much or be granted too easily. Over the last decades, the number of patent applications has been steadily decreasing. Patents are given for an indeterminate amount of time, revmit Assignment Chapter 13 HA Question 7 - of 9 Step 1 of 1 Which statement is correct? Select the best answer. Answer 2 Points Keyboar Q) Vaccinations can benefit society as a whole. Public policy should not interfere with positive externalities, O'Assuming there are no spillover benefits in a market, the market supply curve reflects marginal social benefits.nit Assignment Chapter 13 Question 5 - of 9 Step 1 of 1 Which statement is correct? Select the best answer. Answer 2 Points O Firms receive a higher portion of benefits from investing in new equipment than they do from new technology. New technology does not usually provide advantages to its inventor in the market. In the case of new technology, the private supply curve represents the firm's demand for financial capital for R&D pQuestion 4 * of 9 Step 1 of 1 Which statement about government policies that encourage innovation is true? Select the best answer. Answer 2 Points O Government spending on R&D can sometimes be used more for political than scientific or economic reasons, O High taxes may encourage innovation by providing an incentive for firms to work harder. O Direct government funding is the most effective form of subsidy. The government tries to focus its funding on active industries with high competition.Submit Assignment Chapter 13 Question 3 of 9 Step 1 of 1 Which statement is correct? Select the best answer. Answer 2 Points Q In the U.S., high school graduates and college graduates will likely earn the same wage/salary O In the U.S., the rate of return on college education is approximately one to five percent. O Investing in education provides positive externalities to society.