Identify the Following Terms

question 36

Short Answer

Identify the following terms.
-the Khoi and the San

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Definitions:

Patent Protection

Legal rights granted to inventors preventing others from making, using, or selling their invention for a limited period.

United States

A country located in North America, consisting of 50 states and a federal district, known for its significant influence on global economy, culture, and politics.

Net Social Gain

The overall benefit to society, measuring the difference between total benefits and total costs when any action or policy is implemented.

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount they actually do pay.