Complete the following sentence.Knowledge
A)generates external benefits.
B)generates external costs.
C)displays diminishing marginal benefit.
D)is encouraged by intellectual property rights.
E)A and D are correct.

Question

Quizplus · Accepted Answer

Option A is correct as knowledge generates external benefits such as increased innovation and productivity, which can benefit society as a whole. Option D is also correct as intellectual property rights encourage knowledge creation by providing a legal framework to protect the creators' rights and benefits. Therefore, both options A and D are correct, making option E the best choice. Option B is incorrect as knowledge does not generate external costs, and option C is only partially correct as knowledge may display diminishing marginal benefit in some cases, but it is not a universal truth.

Complete the Following Sentence.Knowledge