Individual Ideas Expressed in a Tangible,permanent Form Such as Literary

question 57

Multiple Choice

Individual ideas expressed in a tangible,permanent form such as literary works,plays,works of art,sound recordings,feature films and broadcasts would normally be protected by which of the following?

• A)copyright
• B)trademark
• C)service mark
• D)patent
• E)design

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Definitions:

Constant Cost

Refers to a situation where the cost of producing an additional unit of a good or service does not change regardless of the level of production.

Product Variety

The range of different products or services that a company offers to meet varying customer needs and preferences.

Monopolistic Competition

A market structure characterized by many firms selling products that are similar but not identical, allowing for some degree of market power.

Pure Competition

This is a market structure characterized by a large number of small firms, homogeneous products, and easy market entry and exit, leading to price-taking behavior.