Self-study
The development of new inventions is promoted by the granting of patent rights, which restrict the right of anyone but the patent holders to profit from these inventions for a specified period. ███████ ██████ ███████ ██████ █████ ██████ ████ █████████ ██████████ █████████████ █████████ █████ ████ ██ █████████ █████████ ███ █████████ ███ ████ ███ ██████ ████████ ██ ███████ ███ █████████ █████ ██ ██ █████████ ██ ████████ ██ █████ ██████ ███████ ██ ████ ██ ███ ████ ██████ ██ ████████ ███████████ ███ ████████████ ██ ███ ██████████ ████ ██ ████████████
Summary
The author concludes that it’s important to continue to grant patent rights, or else no new inventions will be made.
Why?
Because without patent rights, inventors would have no financial incentive to invent new products.
Notable Assumptions
The author assumes that without a financial incentive to invent new products, new inventions won’t be made.
1.
Which one of the following ██ ██ ██████████ ██ █████ ███ ████████ ████████
a
Financial reward is ███ ████ █████████ ████ ████ ██ █████████ ██ ██████████ ██████ ██ ███████ ███ ███████████
Necessary, because if it were not true — if financial reward is NOT the only incentive that can effectively motivate people to make new inventions — then we might not need patent rights in order to encourage new inventions.
b
When an inventor █████ ██████ ██████ ██ █ █████████████ ███ ████████████ █████ ████ █████ ██████ ██ ███ █████████ ████ ███ ████████ █████
Not necessary, because the author never compares the amount of proift made by an inventor and a manufacturer of the invention.
c
Any costs incurred ██ █ ███████ ████████ ██ ████████ ███ ██████ ██████ ███ █████████████ ██ ██████████ ██ ███ █████████ ███████ ██ ███████ ███ ██████ ███████
Not necessary, because even if the costs incurred by a typical inventor applying for patent rights are SIGNIFICANT in comparison to the financial benefit of holding patent rights, patent rights can still provide a financial incentive to invent. The costs might might be significant, but the benefits of a patent can still outweigh the costs to the inventor.
d
Patent rights should ██ ███████ ████ ██ ██ ██████████ ███████ ██ ███ ███████ ██ ███████ █████████ ███████ ███████ ██ ██████ ███████
Not necessary, because the author’s argument doesn’t get into specific situations in which patent rights should or should not be granted. The argument is just that we should continue to grant patent rights, or else we won’t get new inventions.
e
The length of █ ██████ █████ ██ ███████ ████████████ ██ ███ █████ ████████ ██ █████████ ███ ████████
The author’s argument doesn’t rely on any claims related to the relationship between the length of a patent right and the costs of inventing the product.