James Owns a Software Development Company

question 9

Multiple Choice

James owns a software development company.He toils day-in and day-out to develop new ideas.For James, the laws of intellectual property are useful because

• A)the ideas James develops may be easily reproduced and thus have natural scarcity of their own.
• B)this legal regime provides him with no incentive to create new ideas.
• C)information is not non-rivalrous.
• D)by rendering the supply of information inlimited a market for James's ideas is created.
• E)they create an artificial scarcity even though ideas are not naturally scarce and are non-rivalrous.

---

Definitions:

Automated Index

A digital index created through automatic processes, typically involving software to catalog content for easier retrieval.

Instruction Steps

Sequential guidelines or procedures designed to help an individual accomplish a task or operation.

Concluding

The act of bringing something to an end or summarizing the main points or findings.

Set of Instructions

Written or visual guidelines meant to guide someone through a process or task.