A ________________ Is a Right in a New Invention, a _______________________

question 49

Multiple Choice

A ________________ is a right in a new invention, a _______________________ is a right to manufacture an artistic design, a ________________ identifies a product or service and a ________________________ is ownership in an artistic or literary work.

• A) patent; industrial design; trademark; copyright
• B) industrial design; patent; trademark; copyright
• C) patent; trade name; distinctive guise; certification mark
• D) compulsory licence; licence; trademark; patent
• E) trademark; compulsory licence; industrial design; copyright

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Definitions:

Relative-price Variability

The fluctuation in prices of goods and services relative to each other over time, often influenced by various economic factors.

Misallocation

The inefficient distribution or use of resources, often leading to suboptimal economic outcomes.

Nominal Gain

The increase in the monetary value of an asset or investment without adjusting for inflation, representing a simple difference in price.

Real Gain

The increase in value or profit after adjusting for inflation or other external factors that affect purchasing power.