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If You Are an Inventor with a Patent, the Burden

question 77

True/False

If you are an inventor with a patent, the burden of enforcing the patent is yours.


Definitions:

Utilization

The extent to which a resource, such as equipment, space, or labor, is being used effectively and efficiently.

Excess Capacity

The situation in which a company can produce more products or services than currently demanded by the market.

High Fixed Costs

A financial condition where a business or operation has a high proportion of expenses that do not vary with the volume of production or sales.

Low Variable Costs

Operating conditions where costs that vary with production levels, like materials and labor, are minimal.

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