Question

Identify all those statements below that are TRUE. Choose one or more. A Patents provide a...

Identify all those statements below that are TRUE. Choose one or more.

A Patents provide a more exclusive right than copyrights.

B Patents last longer than copyrights.

C Trademarks may last indefinitely.

D Firms are not legally prevented from discovering and using one another's trade secrets through reverse engineering.

Identify all those ways in which either inventions or literary and artistic creativity have been encouraged. Choose one or more.

A First mover advantage.

B Privately funded research in universities.

C Tax-funded research in universities.

D Bill & Melinda Gates Foundation.

E Pulitzer Prizes.

3.Is population growth good for idea generation?

A Yes, population growth is good for idea generation.

B No, population growth is bad for idea generation.

4.Are people in the U.S. better off when other countries grow rich?

A Yes, people in the U.S. are better off.

B No, people in the U.S. are worse off.

Homework Answers

Answer #1

1. A) Patents provide a more exclusive right than copyrights.

  C) Trademarks may last indefinitely

D) Firms are not legally prevented from discovering and using one another's trade secrets through reverse engineering.

2. B) Privately funded research in universities.

C) Tax-funded research in universities.

D) Bill & Melinda Gates Foundation.

E) Pulitzer Prizes.

3) A) Yes, population growth is good for idea generation.

4) A) Yes, people in the U.S. are better off.

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