Complete Short MicroEconomics Task (DUKES)
March 17th, 2023
Im studying for my Economics class and dont understand how to answer this. Can you help me study?
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For this week’s assignment, I am asking you to pair up and individually come up with two examples of barriers to entry due to promoting innovation so there should be a total of four examples. You can find a listing of these types under Section 9.1 under the sub-heading, “Promoting Innovation”. Specifically, you are being asked to:
- Identify two examples in your town or area. (ALBANY, GA)
- Discuss the four examples together and explain why you think they promote innovation.
- Then answer Critical Thinking Question #28 at the end of Chapter 9 where it asks whether you think it might be a good idea to eliminate or at least limit intellectual protection laws.
- As stated in the syllabus, this textbook is available online for free. I have enclosed a link here: https://openstax.org/details/books/principles-microeconomics-2e