Choose the Incorrect Statement

question 43

Multiple Choice

Choose the incorrect statement.

• A)A patent encourages invention.
• B)A patent encourages innovation.
• C)A patent has an economic cost.
• D)A patent creates a negative externality.
• E)A patent produces a monopoly.

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Definitions:

Societal Norms

The shared rules, standards, and expectations that guide behavior and interactions within a society.

Prohibits

To formally forbid something by law, rule, or other authority.

Music

An art form and cultural activity involving the creation of sounds through rhythm, melody, and harmony, often expressing emotions or storytelling.

Social Environment

The immediate physical and social setting in which people live or in which something happens or develops, including the culture, institutions, and people surrounding an individual.