Answer:
The correct answer is c. the exhaustion doctrine.
Explanation:
"Exhaustion" refers to one of the limitations of intellectual property rights. Once a product protected by an intellectual property right has been marketed by your SME or by others with your consent, your SME is no longer entitled to exercise the intellectual property rights of the commercial exploitation of this given product, since it They have "sold out." Sometimes this limitation is also called the "first sale doctrine", since commercial exploitation rights on a given product end with the first sale of the product. Unless the legislation specifically provides otherwise, your SME may not control or oppose subsequent acts of resale, rental, loan or other forms of commercial use by third parties. There is a fairly broad consensus that this applies at least within the framework of the national market.
Answer:
The correct answer is option a.
Explanation:
In a competitive market, there is no limitation on entry and exit, entry and exit are free. The firms in a perfectly competitive market are price takers. They have a horizontal line demand curve which also represents average revenue and marginal revenue.
The firms will enter the market in the long run if the price or marginal revenue is greater than average total cost. The firms will be maximizing their profits if the average total cost is equal to marginal revenue and price.
The firms will exit the industry if price and marginal revenue fall below the average total cost.
Answer:
d. ensures managers always make good decisions.
Explanation:
Managerial economics is the study of the economics theory with accounting managerial scope to ensure the decision taken are as required within the business practices. It helps managers to solve accounting problems and make decision using economic theory and laws.
It provides a basis to solve and give the best solutions at all times even under constraints or in the time of scarcity. It uses quantitative methods and statistical tools to get better result oriented strategies.
Answer: Cupertino
Explanation: Apple Park is located 1.2 miles east of the original Apple Campus. Apple has had a presence in Cupertino since 1977, which is why the company decided to build in the area rather than move to a cheaper, distant location. The campus is also next to a contaminated site under Superfund legislation with a groundwater plume.
