Patents Encourage Inventions Because Without a Patent

question 96

Multiple Choice

Patents encourage inventions because without a patent

• A) other firms could enter the inventor's market by producing the same product.
• B) nobody would demand the inventor's product.
• C) the inventor would receive no tax breaks.
• D) all markets would be public franchises.

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Definitions:

Heritability

A measure of how much of the variation in a trait in a population is due to genetic differences among individuals in that population.

Biological Approach

A perspective in psychological and medical research that emphasizes the importance of physical processes and genetic influences on behavior.

Cross-Situational Consistency

The concept that an individual's behavior and responses are consistent across different situations.

Extraverted Person

An extraverted person is someone who is outgoing, sociable, and thrives in social settings, often feeling energized by interactions with others.