Social Sciences, asked by Ujjwalraj2992, 4 hours ago

Is getting a patent worth it?

Answers

Answered by nitinpranavsavanth
0

Explanation:

The primary benefit of a patent is the right to stop your competitors from selling the same product. You can become the sole supplier of the product. Based on the law of supply and demand, lowering the supply allows you to sell your product at a higher price. If sales are strong, then the patent is absolutely worth it

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