1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Svetllana [295]
2 years ago
11

If a legal monopoly owns the exclusive rights to a good for 20 years, it has a ________ for that good.

Business
1 answer:
Nastasia [14]2 years ago
4 0

If a legal monopoly owns the exclusive rights to a good for 20 years, it has a patent for that good.

What do you mean by monopoly?

Monopoly translates to "alone to sell." When there is only one vendor of a given commodity, there is little to no intense rivalry from other sellers. We'll examine the characteristics of a monopoly market in this post.

What do u understand by patent?

An innovator receives a property right known as a patent from a government body. In exchange for full disclosure of the innovation and for a set amount of time, a patent grants the creator exclusive rights to the patented process, design, or invention.

Learn more from monopolies: brainly.com/question/13113415

#SPJ4

You might be interested in
The model and concepts used to develop the economics of __ are similar to those used to illustrate the effects of:
zhuklara [117]

Answer:international trade: trade between individuals

Explanation:

I got it right

8 0
2 years ago
Jim is CEO for a company that produces filing cabinets and office furniture. He uses when determining that in order to increase
Anon25 [30]

Answer:

planning

Explanation:

Based on the information provided within the question it can be said that in this scenario Jim is using the function of planning in order to determine this. The planning management function focuses on thinking ahead in order to set things into motion so that everything functions accordingly and efficiently in the future. Which is what Jim is doing by stating that in order to increase the production by 20% like they need, they have to hire 10 new employees.

3 0
3 years ago
Franklin, John, Henry, and Harry have decided to pool their financial resources and business skills in order to open up and run
Sliva [168]

Answer:

The correct answer is letter "C": Partnership.

Explanation:

A Partnership is an organization where two or more owners operate a business. They share the profits in proportion to their percentage partnership interest. There are two types of partnerships: <em>General Partnerships</em> (unlimited liability) and <em>Limited partnerships</em> (liability proportional to the percentage contribution of the partnership).

7 0
4 years ago
RecRoom Equipment Company received an $13,200, six-month, 7 percent note to settle an $13,200 unpaid balance owed by a customer.
mezya [45]

Answer:

RecRoom Equipment Company

Date                 Particulars               Debit              Credit

1Nov            Note Receivable      $ 13,200

                          Account Receivable                 $ 13,200

RecRoom Equipment Company received an $13,200, six-month, 7 percent note to settle an $13,200 unpaid balance owed by a customer.

31 December  Interest Receivable        $ 924

                              Interest Revenue                $ 924

To record the accrued interest earned. $13,200*7%= $ 924. As it is for two months the amount would be $ (924/12)*2= $ 154

1 May            Cash                    $ 13,662

                            Interest Income                           $ 462

                               Notes Receivable                  $ 13,200

  RecRoom receives the interest on the note's maturity date. RecRoom receives the principal on the note's maturity date.                                    

4 0
3 years ago
Identify four reasons that nations trade with one
Annette [7]
1. To get items they couldn't get in that country.

2. To get goods they couldn't get in that country.

3. To get different resources they couldn't get in that country.

4. To Get electronics and other technology.
4 0
3 years ago
Other questions:
  • The following data reflects the number of defects produced on a assembly line at the Deerfield electronics company for the past
    10·1 answer
  • Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land six years ago for $8
    12·1 answer
  • Which statement is a PRIMARY characteristic of a capitalist system?
    12·2 answers
  • Fritters, a fast food restaurant chain, known for its quick meals encountered an instance where a customer had blamed its food f
    14·1 answer
  • The point at which it is no longer advantageous to buy in bulk is known as marginal?
    10·2 answers
  • The production possibilities frontier shows the maximum possible output of a good within a specific economy. Please select the b
    11·1 answer
  • Why has the financial crisis raised the average of people retiring?​
    8·1 answer
  • In recent years, rules have tightened such that those who work for the U.S. government in trade negotiations are now restricted
    7·1 answer
  • The following data relate to Ramesh Company’s defined benefit pension plan: ($ in millions) Plan assets at fair value, January 1
    13·1 answer
  • Mrs. Beach bought shells at a gift shop. The red shells (r) were $0. 75 each, and the white shells (w) were $0. 49 each. The tot
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!