The Owner of Intellectual Property May Put Restrictions on the Use

question 21

True/False

The owner of intellectual property may put restrictions on the use of the intellectual property in a license agreement.

---

Definitions:

Marginal Social Benefit

The increased benefit for the public from producing or consuming an extra unit of a good or service.

Marginal Social Benefit

The additional benefit to society as a whole from the consumption of one more unit of a good or service.

Marginal Social Cost

The additional cost incurred by society as a whole due to producing one more unit of a good or service.

Pollution

The contamination of the natural environment, leading to adverse effects on ecosystems and human health.