Question 4IP rights lead to which of the following?1 pointMonopoly pricingCompetitive pricingPricing between a monopoly and competitive pricing
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Solution 1
Intellectual Property (IP) rights often lead to monopoly pricing. This is because when a company or individual holds the IP rights to a product or service, they are the only ones who can produce and sell that product or service. This lack of competition allows them to set the price at whatever level Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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