Of the Approximately 190,000 Patents Issued Annually by the Commissioner

question 299

Multiple Choice

Of the approximately 190,000 patents issued annually by the Commissioner of Patents and Trademarks:

• A) two-thirds are to Americans and one-third is to foreigners
• B) all are to Americans
• C) all are to foreigners
• D) half are to Americans and half are to foreigners
• E) two-fifths are to Americans and three-fifths are to foreigners

---

Definitions:

Turnover

The rate at which inventory is sold and replaced over a particular period, or the total sales volume.

Margin

The variance between the cost at which a product is sold and the expense incurred to create it, frequently conveyed as a proportion of the revenue.

Operating Expenses

Expenses incurred from normal business operations, excluding the cost of goods sold, such as selling, general, and administrative expenses.

Minimum Required Rate of Return

The lowest acceptable return on an investment, determined by the investor's or company's financial requirements, risk assessment, and other factors.