7. To encourage research and development, the US has a very strong patent protection system that blocks duplication of patented technology for profit. Which example best illustrates positive spillovers from technology creation? a. Black market sales of generic Zyrtec, a patented allergy treatment. b. Specialized mechanic shops emerging that service only newer generation electrical cars. c. Wastewater disposal pollution near fracking sites, a new technology for oil and gas extraction. d. All of the above
7. To encourage research and development, the US has a very strong patent protection system that blocks duplication of patented technology for profit. Which example best illustrates positive spillovers from technology creation? a. Black market sales of generic Zyrtec, a patented allergy treatment. b. Specialized mechanic shops emerging that service only newer generation electrical cars. c. Wastewater disposal pollution near fracking sites, a new technology for oil and gas extraction. d. All of the above
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter9: Competition And Monopolies
Section: Chapter Questions
Problem 20AA
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7. To encourage research and development, the US has a very strong patent protection system that blocks duplication of patented technology for profit. Which example best illustrates positive spillovers from technology creation?
a. Black market sales of generic Zyrtec, a patented allergy treatment.
b. Specialized mechanic shops emerging that service only newer generation electrical cars.
c. Wastewater disposal pollution near fracking sites, a new technology for oil and gas extraction.
d. All of the above
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