Paula Develops a New Espresso Machine,which She Names "Quik Shot

question 19

Multiple Choice

Paula develops a new espresso machine,which she names "Quik Shot." She also writes the operating manual.Paula can obtain trademark protection for

• A)the espresso machine.
• B)the "newness" of the espresso machine.
• C)the name.
• D)the operating manual.

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Definitions:

Consumer

An individual or group who uses goods and services produced within an economy.

Specific Product

A particular good or service that is distinct because of its brand, model, or other identifying characteristic.

Lower Price

A decrease in the cost at which goods or services are sold, often resulting from factors like increased supply or decreased demand.

Budget Line

A visual chart representing all the various combinations of two goods purchasable with a determined budget, with the prices of those goods fixed.