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University of lowa - E University of lowa - E x -> c Dwww.saplinglearning.com/ib.scms/mod/ibis/view.php?id=2653729 :. Apps Dell p Login 0 YouTube O Email A Tutor lowa The O Game of Throne ABP Bickmore Kahl Fe Sapling Learning Q ch. 5 flashcards D HotSchedules : E a Amazon.com: Bo Other bookmarks Sapling Learning Logout @ Help Sapling Learning | University of Iowa-Econ 1 100:0EXW Microeconomics-Summer 16-NICA 1 Activities and Due Dates I GA #11 Chapter 13 My Assignment Resources o 7/29/2016 1 1 :55 PM > 67.8/1007/26/2016 04:00 PM Assignment Information Available From 5/15/2016 12:00 AM Due Date: Points Possible: Grade Category: Graded Assignments Description: Policies: Gradebook #AttemptsScore Calculator 12 Question 25 of 30 7/29/2016 11:55 PM 13 100 Map Sapling Learning macmillan learning 15 83 Connor and Duncan have two passions: video games and economics. The two have an ongoing debate Hw AN1 16 Connor argues that video game consumers are harmed by the fact that a relatively small number of studios produce video games. The marginal cost of producing additional copies of popular video games is almost always extremely low, relative to the price these firms charge. This causes a deadweight loss Connor wants the government to stop enforcing video game patents, so that prices will be more closely aligned with the marginal cost. You can check your answers. You can view solutions when you complete or give up on any question. Duncan thinks that consumers would be worse off if the government were to adopt this approach. Which of the following most strongly supports Duncan's thinking that patents are necessary? You have five attempts per question. You lose 5% of the points available to each answer in your question for each incorrect attempt at that answer 20 Patent enforcement varies by country. Nations with strong patent protection are associated with lower levels of per capita GDP Anarchy is often a result of nations not enforcing patents The government should never be involved in the provision of a good or service Strong patent enforcement can lead to higher profits, which are directly related to 21 For multiple-choice questions, the penalty depends on the number of choices available O 23 eTextbook Help With This Topic Web Help & Videos Technical Support and Bug Reports lower wages Patents give firms an incentive to spend money on research and development. 24 O 25 26 27 28 29 Previous Give Up & View Solution e Check Answer Next Exit Hint 30 98 © 2011-2016 Sapling Learning, Inc.-32 about us careers partners privacy policy terms of use contact ushelp 5:45 PM 7/27/2016 Search the web and Windows

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Patents give firms an incentive to spend on research and development

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