James owns a software development company.He toils day-in and day-out to develop new ideas.For James, the laws of intellectual property are useful because
A) the ideas James develops may be easily reproduced and thus have natural scarcity of their own.
B) this legal regime provides him with no incentive to create new ideas.
C) information is not non-rivalrous.
D) by rendering the supply of information inlimited a market for James's ideas is created.
E) they create an artificial scarcity even though ideas are not naturally scarce and are non-rivalrous.
Correct Answer:
Verified
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