Intellectual Property

question 25

Multiple Choice

Intellectual property

• A)increases total surplus.
• B)prevents people who do not own the knowledge from using it.
• C)assigns property rights to knowledge.
• D)eliminates the free rider problem.

---

Definitions:

Intranets

Private networks accessible only to an organization's staff, designed to facilitate information sharing and internal communication.

Financial Security

Refers to the state of having stable income or other resources to support a standard of living now and in the foreseeable future.

Legally Required

Pertains to obligations or actions that are mandated by law for individuals or organizations to follow.

Workforce

The group of individuals engaged in or available for work, either in a country or a specific company.