Answer:
The answer is: YES
Explanation:
Hot Products is the legitimate owner of the patent for the manufacturing and commercialization of that fan motor. If Allied Electric wants to produce and use that specific fan motor they must come to a manufacturing licence agreement with Hot Products even thought the fan motor is used differently (one in ceiling fans and the other in air conditioners).
Answer: Domestication.
Explanation:
Domestication is a method of contoling foreign investment in a country by setting limits to what a foreigner can own in a country. Domestication ensures that the owners of major investments in a country are majorly citizens of that country.
(4,2)
just flip and turn into positives because they are in the first quadrent
Answer: The answer is b. Reduce output in the short run.
Explanation: In production, to determine the quantity of products to supply, the demand of the consumer plays a very vital role. This is because the consumer demand will determine the price at which a company will sell its products.
In the case of Techno above, they would do well to reduce the output in the short run, since demand has reduced, pending when the demand increases. This is because if they maintain their current output of 3000 TV sets per week, they will sell less units and their revenue (price x quantity sold) will be lower than their cost and this will lead to them incurring loss.
So until the recession scare passes, output should be reduced in the short run.