A(n) _____ gives an inventor a temporary monopoly on the use or sale of an invention.
A)patent
B)copyright
C)monopoly
D)externality

Question

Quizplus · Accepted Answer

A patent gives an inventor the exclusive right to use or sell their invention for a certain period of time, typically 20 years from the date of filing. This provides the inventor with a temporary monopoly, allowing them to prevent others from making, using, or selling the invention without their permission. This encourages innovation and investment in research and development, as inventors can be confident that they will have the opportunity to profit from their discoveries.

A(n) _____ Gives an Inventor a Temporary Monopoly on the Use