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.

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