Non existence of patents game theory

Non existence of patents game theory implies privately motivated innovated decisions of companies could potentially produce ? (small amount of innovation, a great deal of innovation, socially economical level of innonvation, none of the above)

Question

Q=20 - 4P C = 4Q what is the optimal price to charge for 20 units? ($15, 30, 50, 100)

How much of good X is consumed?

Q xd = 10,000 - 2 Px + 3 Py - 4.5M Px = $100 Py = $50 M = $2000 How much of good X is consumed? (100, 500, 950 1100)

Non existence of patents game theory implies

non existence of patents game theory implies privately motivated innovated decisions of companies could potentially produce ? (small amount of innovation, a great deal of innovation, socially economical level of innonvation, none of the above)

NAFTA and environmental regulations

The North American Free Trade Agreement (NAFTA) is a trade agreement between the United States, Canada, and Mexico whose purpose is to eliminate tariffs between the countries and promote all aspects of international trade. There are many arguments for and against the treaty. One of the arguments against centers on the fact that Mexican industries do not have to meet the same environmental regulations as industries in the United States and Canada. The U.S. and Canada have intervened in the marketplace and tried to internalize some of the costs of pollution by placing regulations on the amount of pollutants that industries can emit. Opponents of NAFTA point out that pollution is largely ... click for more