Which of the Following Definitions Is Not Correct

Multiple Choice

Which of the following definitions is not correct?

A) "Natural scarcity" occurs when there is an inadequate supply of something.
B) A "copyright collective" is an organization of copyright holders that administers rights on behalf of those members.
C) The "public domain" refers to works that belong to the community as a whole and therefore can be used by anyone.
D) "Royalties" consist of monetary payments made to an author in exchange for the right to use the author's work.
E) "Non-rivalrous" refers to a situation in which an intellectual property-holder exercises a monopoly in the market.