An eccentric scientist invent gadget and makes huge profits, Business Economics

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An eccentric scientist invent gadget and makes huge profits

An eccentric scientist invent gadget and makes huge profits. Unfortunately, he is so preoccupied with his newly found fame and fortune that he forgot to secure a patent for his special product. a. What can be expected to happen to the supply of the gadget? b. What can be expected to happen to the price and the demand of the gadget?

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Business Economics: An eccentric scientist invent gadget and makes huge profits

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