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Which of the following is not a consequence of granting temporary monopolies to creators of intellectual property? Group of answer choices Ideas may be sold
Which of the following is not a consequence of granting temporary monopolies to creators of intellectual property? Group of answer choices Ideas may be sold at prices exceeding marginal costs, distorting their diffusion There may be patent races in which firms invest resources to be "first to file" a patent for an innovation another firm has already invested resources in developing Ideas become rivalrous because two customers cannot use the idea simultaneously Firms have incentives to develop innovations for which customers have high willingness to pay
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