The Requirements for a Patent Include All Except That the Invention

question 45

Multiple Choice

The requirements for a patent include all except that the invention must be:

• A) novel.
• B) nonobvious.
• C) commercially valuable.
• D) useful.

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Definitions:

Marginal Utility

The additional satisfaction or utility that a person receives from consuming one additional unit of a good or service.

Milkshakes

A sweet, creamy beverage made by blending milk, ice cream, and flavorings or sweeteners such as butterscotch, caramel sauce, or chocolate syrup.

Utility-Maximizing

The process or strategy of selecting the combination of goods and services that provides the highest level of satisfaction or utility to an individual.

Pizza

A popular dish of Italian origin, consisting of a flat round base of dough baked with a topping of tomato sauce and cheese, often with added meats, vegetables, or other ingredients.