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a license that gives the inventor of a new product the exclusive right to sell it for a certain period of time is called?
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Asked 4/9/2014 10:24:22 PM
Updated 4/10/2014 6:12:54 AM
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This answer has been confirmed as correct and helpful.
Confirmed by debnjerry [4/10/2014 6:12:54 AM]
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User: a license that gives the inventor of a new product the exclusive right to sell it for a certain period of time is called?

Weegy: A patent is a license that gives the inventor of a new product the exclusive right to sell it for a certain period of time
Marvel2|Points 5177|

User: When a business owner purchases a license that gives them the right to use the name and business practices of a company, this individual owns a ____________. a. monopoly c. patent b. franchise d. proprietorship

Weegy: When a business owner purchases a license that gives them the right to use the name and business practices of a company, this individual owns a b. franchise.
jerry06|Points 6080|

Question
Asked 4/9/2014 10:24:22 PM
Updated 4/10/2014 6:12:54 AM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
Confirmed by debnjerry [4/10/2014 6:12:54 AM]
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Questions asked by the same visitor
a series of competitive price cuts that lowers the market price below the cost of production is called?
Question
Updated 2/20/2015 4:05:09 PM
1 Answer/Comment
Price war: A series of competitive price cuts that lowers the market price below the cost of production.

Added 2/20/2015 4:05:09 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [2/21/2015 3:30:56 AM]
negative externality is what?
Question
Updated 4/9/2014 11:06:24 PM
1 Answer/Comment

A negative externality is a cost that is suffered by a third party as a result of an economic transaction.

Added 4/9/2014 11:06:24 PM
This answer has been confirmed as correct and helpful.
A market dominated by one seller is called a monopoly. true or false
Weegy: TRUE. A market dominated by one seller is called a monopoly. (More)
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Expert Answered
Updated 4/9/2014 10:55:44 PM
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Factors that cause a producer’s average cost per unit to fall while output rises are known as _____. a. franchise scale b. price discrimination c. economics of scale d. market power scale
Weegy: Factors that cause a producer’s average cost per unit to fall while output rises are known as economics of scale . (More)
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Expert Answered
Updated 4/10/2014 6:09:30 AM
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