If the Owner of a Type of Technology Is Able

question 129

Multiple Choice

If the owner of a type of technology is able to successfully preclude others from using the good, this type of technology could be classified as a(n)

• A)nonexcludable good.
• B)excludable good.
• C)rival good.
• D)normal good.
• E)nontradable good.

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Definitions:

Tablets

Portable computing devices featuring a touchscreen interface, which are smaller than laptops but larger than smartphones, used for a variety of tasks.

Professional Angels

Experienced entrepreneurs or business professionals who invest in and mentor startups or early-stage companies.

Paid Advisers

Professionals or experts who offer their knowledge and guidance in a specific field for a fee, assisting businesses or individuals in making informed decisions.

Lawyers

Legal professionals who advise and represent individuals, businesses, and government agencies on legal issues and disputes.