Answer:
Must wait for 20 years
Explanation:
Exclusive rights granted for an invention is patent. The law protects the invention from commercial exploitation by others apart from the inventor. The protection is time-limited.
Patents last for 20 years. Before the expiry of the 20 years, any attempts to produce goods under patent protection is illegal. A person wishing to manufacture and sell goods under patent must wait for its expiry.
Answer:
You pay your neighbor $400 to cut the tree down.
Explanation:
You pay your neighbor $400 to cut the tree down.
The amount paid to the neighbor is to be more than the value of the tree as your neighbour values and this will satisfy as per the Coase Theorem which states that amount paid for the damage caused due to negative externality should be more than the value that the person attaches to production of externality.Also, it is to be lower than the cost which the person has to bear because of mango production and thus as a result both gain $100 in the process.
Answer: D. A and B only
Explanation:
In a fix exchange rate, the country can address problem of currency market pressure that threaten yo lower or raise the value of its currency by this under listed measures;
1. if demand falls, then countries must increase demand by buying up the excess supply with domestic currency
2. if demand rises, countries must fill the excess demand for foreign currency by selling their reserves.
<h3><u>
Full question:</u></h3>
Which of the following has the biggest impact on consumer goods during war times?
a. Consumers deferring purchases in hopes of a better deal
b. High interest rates
c. Low inflation
d. High inflation
<u>Answer:</u>
The biggest impact on consumer goods during war times was High inflation
<u>Explanation:</u>
Inflation raised during or as an immediate outcome of these struggles of stock markets endured dull subsequent termination of the war. The government demanded to execute price and wage restrictions in acknowledgment of inflation which had risen due to the extra inducement that was generated by government spending.
Distinctly, both using and financing continued building subsequent the war; nevertheless, the growth was beneath the course rate before the war. Prices, influenced by the rate of inflation, commonly affect consumer spending on goods significantly.
Answer:
$ 49,640
Explanation:
The question is asking for PLANNING BUDGET
Planning Budget does not in anyway mean flexible budget.
So the quantity of units for Planning Budget would be what the company budgeted that is 7,300 units
The next step in the solution to the question will be to know the cost per unit. For Direct Labor the price given is $ 6.80 per unit
Total Direct Labor for May in the planning budget would be 7,300 X 6.80 = $ 49,640
