A patent gives a person the ability to earn large amounts of money by selling the item for whatever price the government wants. True or false?

Question

Slade Rogers

Social Studies

11 February, 18:59

A patent gives a person the ability to earn large amounts of money by selling the item for whatever price the government wants. True or false?

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Jacoby Moss · Answer 1

False.

A patent is issued by the government to get the patent-holder the exclusive right to make, develop, and sell a particular type of product. After the patent is issued, the government has no control over what price the product is issued at.