The Part of a Patent Application That Defines and Limits

question 82

Multiple Choice

The part of a patent application that defines and limits the patented invention is known as the

• A)specification.
• B)illustration.
• C)claim.
• D)concept.

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Definitions:

Profit-Maximizing

An economic principle where a firm chooses a level of production where its marginal cost equals its marginal revenue, resulting in the highest possible profit.

Damages

Compensation claimed by or ordered to be paid to a person as reparation for loss or injury.

Housing Development

The process of constructing a collection of new homes or the group of homes themselves, typically planned and built by a single developer.

Profit-Maximizing

A principle where businesses seek to achieve the highest possible profit, often by adjusting production levels, pricing strategies, or costs.