Patents are a form of monopoly that society allows because they _____. maintain an orderly way for companies to mak What is monopolistic competition? A. one company selling the identical product under different names B. one company selling several different products under different names C. a very few companies selling identical products D. many companies selling similar but not identical productse a lot of money give companies the right to decide who will be allowed to use their products set up a situation in which only a few manufacturers can control an industry encourage firms to research and develop new products that benefit society as a whole

Answers

Answer 1

Answer:

Answer:

D. encourage firms to research and develop new products that benefit society as a whole.

Explanation:

Patents are a form of monopoly that society allows because they encourage firms to research and develop new products that benefit society as a whole. By granting a patent, the government gives the inventor or company exclusive rights to their invention for a certain period of time. This means that others are prohibited from making, using, or selling the patented product without the permission of the patent holder.

The main purpose of patents is to incentivize innovation by providing inventors and companies with temporary monopoly rights. These rights allow them to recoup their investment in research and development, as well as to earn a profit from their invention. By having exclusive rights, inventors and companies can have the confidence to invest time, money, and resources into creating new and useful products.

In return for the exclusive rights, patent holders are required to disclose their invention to the public. This disclosure helps to advance the knowledge and understanding of the scientific and technological fields. It allows others to learn from the invention and build upon it, contributing to further innovation and development.

Patents also promote competition by providing a limited-time monopoly. Once the patent expires, the invention enters the public domain, allowing others to freely use and build upon it. This promotes competition and further innovation in the market.

In summary, patents are a form of monopoly that society allows because they encourage firms to research and develop new products that benefit society as a whole. They provide inventors and companies with exclusive rights to their inventions for a limited period, incentivizing innovation and promoting competition in the long run.

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The answer is oil. The Persian Gulf is where most of the oil fields are in the Middle East. Countries like Kuwait, Saudi Arabia and Bahrain as well other countries in the region produce oil that the world relies on to fuel their electricity and vehicles. It is also found in Artic but there have been debates as to tap into it because many fear of the environmental damage it would create if something goes wrong.

oil and natural gas can be found most predominantly in the Arctic and Gulf regions. Oil and Natural gas are nonrenewable and have a high global demand.

What was the Columbian Exchange and how did it affect Native Americans and Europeans?

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Answer:

The Columbian Exchange greatly affected almost every society on earth, bringing destructive diseases that depopulated many cultures, and also circulating a wide variety of new crops and livestock that, in the long term, increased rather than diminished the world human population.

hope this helps!! :)

Explanation:

Answer:

The answer should be d

Explanation:

B is incorrect so last one would be correct

After facing economic difficulty in the early 1990s, Bulgaria’s economy recovered partially due to the _____.

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I think that the best answer to this is foreign investment: it was the one aspect which has helped Bulgarian economy the most.

The foreign investment is mostly connected to tourism - especially for example when rich western Europeans buy property in Bulgaria for private use.

Russia is the world’s largest producer of __________.A.
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B.
coal
C.
natural gas
D.
nuclear energy

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Answer:

C. Natural Gas

Answer:

Pretty sure it's natural gas.

Explanation:

I think I remembered

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one of an example of a wealth tax is an estate tax

Wealth tax is a levy on the total value of personal assets ( the amount will be bigger the more personal asset's value you have)

Example of wealth tax : Estate tax, automobile tax, etc

The answer is C just took the test

In May, 1963, young students faced fire hoses and police dogs as they peacefully tried to march against racial injustice in

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In May, 1963, young students faced fire hoses and police dogs as they peacefully tried to march against racial injustice in Selma, Alabama.

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