Suppose that a firms legal staff concludes that an ewproduction process which a
ID: 1237391 • Letter: S
Question
Suppose that a firms legal staff concludes that an ewproduction process which a firm is developing is patentable. Graphically this new information would shift the firms expectedrate of return curve on R&D to the: a. right and reduce its optimal amount of R&D b. left and increase its optimal amount of R&D c.right and increase its optimal maount of R&D d. left and reduce its optimal amount of R&D Suppose that a firms legal staff concludes that an ewproduction process which a firm is developing is patentable. Graphically this new information would shift the firms expectedrate of return curve on R&D to the: a. right and reduce its optimal amount of R&D b. left and increase its optimal amount of R&D c.right and increase its optimal maount of R&D d. left and reduce its optimal amount of R&DExplanation / Answer
A. right and reduce its optimal amount of R&D
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