A(n)________ Is a Term for a Mark That Has Become

question 24

Multiple Choice

A(n) ________ is a term for a mark that has become a common term for a product line or type of service and therefore has lost its trademark protection.

• A) service mark
• B) orphan work
• C) generic name
• D) hallmark

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Definitions:

Demand Curve

A graphical representation that shows the relationship between the price of a good and the quantity demanded by consumers.

Consumer Surplus

The gap between the price consumers are ready to pay for a good or service and the price they end up paying.

Market Demand

Represents the total quantity of a good or service that all consumers in a market are willing and able to purchase at various prices.

Music Downloads

Digital files of music tracks that can be legally or illegally downloaded from the internet to a computer or mobile device.