Entrepreneurs are willing to take risks because
A) technology provides a way to sidestep the patent and copyright system.
B) the patent and copyright system provides an exclusive right to sell the product for a period of time.
C) the patent and copyright system guarantees a certain level of profit.
D) technology always increases costs and prevents competitors from entering the market.
E) the patent and copyright system guarantees that the risks taken will be rewarded.

Question

Quizplus · Accepted Answer

Entrepreneurs are willing to take risks because the patent and copyright system provides an exclusive right to sell the product for a period of time. This can create a competitive advantage and increase the potential for profits. However, it is important to note that the patent and copyright system does not guarantee success or profitability, as market demand and competition can still impact the success of a product or business.

Entrepreneurs Are Willing to Take Risks Because