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Technology company introduce innovation in bioengineering on which they are granted a patent. Which is the correct statement? a. The company should waive the patent

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Technology company introduce innovation in bioengineering on which they are granted a patent. Which is the correct statement? a. The company should waive the patent since the innovation is a public good. b. During the period of the patent a public good becomes a private good. c. Without patents no firm would innovate. d. The patent should protect the company's economic rent indefinitely

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