Allowing an Inventor to Have the Exclusive Rights to Market

question 535

Multiple Choice

Allowing an inventor to have the exclusive rights to market her new invention will lead to (i)
A product that is priced higher than it would be without the exclusive rights.
(ii)
Desirable behavior in the sense that inventors are encouraged to invent.
(iii)
Higher profits for the inventor.

• A)(i) and (ii) only
• B)(ii) and (iii) only
• C)(i) and (iii) only
• D)(i), (ii), and (iii)

---

Definitions:

Positive Emotions

Feelings that are generally associated with positive experiences or outcomes, such as happiness, joy, and love.

Negative Emotions

Feelings that are perceived as unpleasant or detrimental to one's well-being, such as sadness, anger, and fear.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors.

Cultural Diffusion

The transfer of inventions, knowledge, and ideas from one culture to another.