Jenny, a Science Scholar, Has Been Working in the Field

question 22

Multiple Choice

Jenny, a science scholar, has been working in the field of nanotechnology for more than seven years. She has developed a new technique that can be used to treat melanoma. She wants to acquire a patent for this technique. Which of the following facts should Jenny know before applying for a patent?

• A) The patent application process is time-consuming.
• B) Patents are not backed by the government.
• C) Patents are applicable only in the home country where it has been registered.
• D) Applying for a patent is cheaper compared to other forms of protecting intellectual property.

Demonstrate the importance of active and engaged learning strategies for college success.

Evaluate the scope and limitations of problem-solving frameworks in academic contexts.

Identify and apply the steps of the IDEAS process in personal and academic decision-making.

Understand the effects and consequences of the Indian removal policy in the 1830s.

---

Definitions:

Competing

Competing involves entities, such as businesses or individuals, striving against each other to achieve a goal, such as market dominance or higher sales.

Payoff Matrix

A table that shows the potential outcomes and payoffs resulting from different decisions or strategies in a strategic game.

Dominant Strategy

Within game theory, a strategy considered optimal for a participant in a game, irrespective of the strategies opted by competitors.

Low Price

Refers to the condition where the cost of a good or service is lower than usual, making it more affordable to consumers.