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.
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accelerated filer, A company reporting requirements for five years and has an aggregate worldwide market cap of $300 million is an accelerated filer.
More about accelerated filer?
A publicly traded company that, as of the end of its fiscal year, satisfies each of the following requirements:
- As of the final business day of the company's most recent completed second fiscal quarter, the total worldwide market value of the voting and non-voting common equity held by its non-affiliates (or public float) was $75 million or more but less than $700 million.
- For at least 12 months, the company has been required to report in accordance with Sections 13(a) or 15(d) of the Exchange Act.
- The business has previously submitted at least one annual report in accordance with Exchange Act Sections 13(a) or 15(d).
- The company does not meet the revenue requirements (which include those listed below), so it is not eligible for smaller reporting company status.
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Wheat is the main input in the production of flour. if the price of wheat increases, all else equal, we would expect b. Supply of flour to decrease.
Wheat product is read to reach32.2 million tonnes in 2022 – 23, 30 above the 10- time normal to 2021 – 22 of24.7 million tonnes.
Climate change-affiliated events play a decreasingly pivotal part in food instability. In summer of 2021, the world faced a wheat deficit due to heatwaves and famines that hit the US and Canada, the alternate and third-largest wheat exporters after Russia. the US Department of Agriculture prognosticated global wheat product would decline from to774.83 million tons in 2022 to 2023, from779.29 million tons last season. In nations similar as Iraq, the deficit is compounded by extreme water dearths.
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Answer:
Culture.
Explanation:
A firm’s statement of values requires a lot of pruning. There are many acceptable values, but to be effective, the list must be short. Executives choose the most important values. Therefore, the clue to <u>Culture</u> is in what is chosen.
Companies recruit candidates who are most likely to fit their culture. Studies have found that a good fit between a candidate's personality and the company's culture leads to better retention. Companies can also use hiring decisions and training to maintain their culture.
Answer: $68,000
Explanation:
If the inventory that remains is the $46,000 then that means that the cars costing $33,000 and $24,000 have been sold.
With specific identification, the actual prices of the stock are used so the cost of goods sold is:
= 24,000 + 33,000
= $57,000
The gross profit is therefore:
= Sales - Cost of goods sold
= 125,000 - 57,000
= $68,000
