Amajor computer chip company spent a considerable amount of time and money in creating a faster processor chip. the company expects the chip to be very successful and greatly increase its revenues. how can the company protect its investment in the new product from competitors?

The company can protect its investment from competitors by patenting the new chip.

Explanation: A patent is a declaration that prevents competitors from manufacturing a product for a designated period of time.

apply for a patent

Explanation:

A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of years in exchange for publishing an enabling disclosure of the invention.

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