Substitution of One Material for Another in an Invention or Mere

question 20

True/False

Substitution of one material for another in an invention or mere changes in size are ordinarily not patentable because they are obvious.

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Definitions:

Total Costs

The aggregate of all financial outlays involved in the creation of goods or services, covering both stable and changeable costs.

Public Good

A commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.

Free-Rider Problem

The inability of potential providers of an economically desirable good or service to obtain payment from those who benefit, because of nonexcludability.

Highly Profitable

Describing a business or activity that generates a significantly higher amount of earnings compared to its costs.