Economics B A-Level
Intellectual property rights
What Intellectual property rights means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Intellectual property rights
Check what you remember
Read the wording for your board, then hide it and explain Intellectual property rights in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Patents and copyrights that legally prevent rivals from copying products.
Topics that use Intellectual property rights
- Barriers to entry (Pearson Edexcel A-Level)
Related terms
- Barriers to entry
- Competitive advantage
- Economies of scale
- Market structure
- Monopoly power
- Perfectly contestable market
- Contestability
- Limit pricing
Using Intellectual property rights in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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