What Is the Source of a Description of a Product's

question 60

Multiple Choice

What is the source of a description of a product's manufacturing process with respect to the patent application process?

• A) the Canadian patent office
• B) the opinion of the patent agent
• C) specifications noted in the application
• D) claims sequentially detailed in the application

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Definitions:

Marginal Costs

The expense incurred from manufacturing an extra unit of a product or service.

Average Total Costs

The total costs (fixed and variable) of production divided by the quantity of output produced.

Average Fixed Costs

The total fixed costs divided by the quantity of output produced, indicating the cost per unit that does not change with output level.

Average Total Costs

The cost of producing each unit, calculated by dividing the entire production cost by the total number of units made.