Apple founder Steve Jobs received patents on many of his ideas. While the patents existed, his ideas were
a. public goods and proprietary knowledge.
b. public goods but not proprietary knowledge.
c. private goods and proprietary knowledge.
d. private goods but not proprietary knowledge.
c
You might also like to view...
Over the most recent movement from cyclical peak to trough 2001: Q1 to 2001: Q4, gross private domestic investment ________ approximately ________ percent
A) rose; 61 B) fell; 7 C) rose; 21 D) fell; 11
Which of the following would NOT be associated with the LATE PHASE of the product cycle?
A) Consumption in high income countries begins to exceed production. B) Increasing share of output is moving to developing countries where abundant low skilled and semi-skilled labor keep production costs low. C) Consumption continues to grow in low income countries. D) There is experimentation and improvement in design and manufacturing.