alleryWhich legal rights grant a monopolist exclusive control over a product?
AImport tariffs only
BPatents and copyrights
CExcise tax rebates
DTrade union contracts
Answer & Solution
Correct answer: B. Patents and copyrights
Intellectual property laws give inventors sole legal rights over manufacturing and selling.
Keep practising Markets and Theory of Supply
Browse all Markets and Theory of Supply questions for ICSE Class 10, or explore more Economics topics.
Related questions
Match scope reach:
1. Buyer: p. Shielded
2. Public: q. Guarded
3. Trade: r. FairMatch ministry lead:
1. Leader: p. Paswan
2. Desk: q. Ministry
3. House: r. Lok SabhaMatch forum speed:
1. Rules: p. Simple
2. Court: q. Friendly
3. Time: r. SwiftMatch Agmark scope:
1. Grade: p. Standards
2. Farm: q. Produce
3. Pack: r. ProceduresMatch choice right:
1. Access: p. Assured
2. Goods: q. Variety
3. Price: r. CompeteMatch CCPA wing:
1. Wing: p. Inquiry
2. Study: q. Evidence
3. Base: r. StatutoryMatch reform scope:
1. Court: p. Ease load
2. Avenue: q. Redress
3. Panels: r. CitizenMatch enactment:
1. Force: p. July 2020
2. CCPA: q. July 2020
3. Signed: r. Aug 2019