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The Three Main Types of Intellectual Property Rights Are Copyrights

question 45

Multiple Choice

The three main types of intellectual property rights are copyrights, trademarks, and ____.


Definitions:

Market

A facility that enables the transaction of various goods, services, and information between purchasers and vendors.

Production Technology

Refers to the methods, equipment, and software used to produce goods and services.

Firms' Costs

The expenses incurred by businesses in the production of goods or services, including labor, materials, and overhead costs.

Quantity Supplied

The extent of a good or service that merchants are willing and have the capacity to offer at a pre-determined price.

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