Question: The patent system is intended to: a. correct negative externalities. b. reward innovators by granting them temporary monopolies. c. spread information among firms as quickly

The patent system is intended to:

a. correct negative externalities.

b. reward innovators by granting them temporary monopolies.

c. spread information among firms as quickly and economically as possible.

d. give small businesses a competitive edge over larger businesses.

e. prevent natural monopolies from unfairly exploiting their cost advantages.

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