Countries have patent laws and copyrights
A) because most physical commodities are not rival and excludible.
B) because ideas are not rival and tend to be hard to make excludible.
C) because most physical commodities are rival but not excludible.
D) because ideas are rival but tend to be hard to make excludible.
Correct Answer:
Verified
Q77: Technological progress has two components:
A) science and
Q78: To say that a commodity is rival
Q79: To say that a commodity is excludible
Q80: Most physical commodities are (or with the
Q81: Ideas are _ and tend to be
Q83: Patents give a firm that has discovered
Q84: Governments seeking to establish patent laws face
Q85: Patent laws are necessary
A) in order to
Q86: Governments seeking to establish patent laws face
Q87: If patent laws are weak
A) the pace
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