Protecting a product with a patent allows a firm to reduce competition in the market, which enables the firm to sell more units and thereby increase both revenue and profit.
Protecting a product with a patent allows a firm to reduce competition in the market, which enables the firm to sell more units and thereby increase both revenue and profit.
Protecting a product with a patent allows a firm to reduce competition in the market, which enables the firm to sell more units and thereby increase both revenue and profit.