How Can the Economic Justification for Protecting IP Rights Be

question 28

Multiple Choice

How can the economic justification for protecting IP rights be best explained?

• A)IP protection is essential for the maintenance of the right of the creator to earn an income.
• B)IP rights provide a financial incentive to motivate people to be innovative for the wider economic benefit of the community.
• C)IP protection advances society economically by allowing the benefits of new creations and technologies to be disseminated freely and widely.
• D)IP protection provides an economic benefit to creators by allowing intangible products to produce wealth.

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The process of maintaining the correct levels and ratios of electrolytes within the body, crucial for normal cell function and overall health.