James Owns a Software Development Company

Multiple Choice

James owns a software development company. He toils day- in and day- out to develop new ideas. For James, the laws of intellectual property are useful because

A) the ideas James develops may be easily reproduced and thus have no natural scarcity of their own.
B) this legal regime provides him with an incentive to create new ideas.
C) by rendering the supply of information inadequate, a market for James's ideas is created.
D) information, once developed, is non- rivalrous, and thus requires special protection.
E) all of the above