Intellectual Property Can Best Be Described as

question 89

Multiple Choice

Intellectual property can best be described as

• A) intangible property created by individuals or corporations.
• B) unique creative work or ideas.
• C) tangible or intangible property created from a unique idea.
• D) the expression of an intangible idea.

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Definitions:

Seller

An individual or entity that offers goods or services to others in exchange for compensation.

Graph

A diagram representing data visually using lines, bars, or other symbols.

Marginal Revenue

The additional financial return from selling a further unit of a good or service.

Marginal Cost

The increase in cost that arises from producing an additional unit of a good or service.