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irga5000 [103]
3 years ago
9

What is the primary importance of benefits 1 and 2 as discussed in "The Pros and Cons of Patents"

Business
2 answers:
wolverine [178]3 years ago
4 0
<span>According to the article, patents allow inventors to “own the market” for their ideas, meaning the US government has deemed the idea original and protected the idea from being reproduced by others for 20 years. This makes the idea more marketable, which allows the inventor to attract investors. These benefits support the idea that patents promote invention.</span>
mafiozo [28]3 years ago
3 0

Answer:

Benefit 1: The opportunity to own a market

The US government protects your invention for 20 years, that means that during 20 years, you virtually own your invention's market, e.g. Eli Lilly patented Prozac in 1987 and they held the monopoly fro 14 years until 2001.

Benefit 2: Attracting Investors and Funding

Who will risk their money if an invention is not protected? Investors don't care about good intentions, they care about money, and the only way an invention can guarantee a return is through patent protection.

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CarCut Corporation has been employing the Fixed-Order Quantity model to manage the inventory of its best selling 3D printer. The
vfiekz [6]

Answer: See explanation

Explanation:

The optimal reorder point in units is calculated as the average daily sales unit multiplied by the delivery lead time.

In the question, we're not provided with the annual demand as this is vital in order to know the average daily unit. Therefore, the question is incomplete

7 0
3 years ago
hich of these is the definition of client business risk? a. Risks affecting the business operations and potential outcomes of an
Leno4ka [110]

Answer:

Option A Risks affecting the business operations and potential outcomes of an organization's activities.

Explanation:

The reason is that the business risk are those risks that has potential to increase the cost of the company or decrease the revenue of the organization. So here the misstatement will not increase the cost of the organization and the only risk that increase the cost or decrease the revenues is the poor performance of the organization's activities and operations. So the right option which doesn't talks about misstatements is option A.

6 0
3 years ago
The main reason for considering nonconstant growth in dividends is to allow for _____ growth rates over _____.
JulsSmile [24]

Based on the economic and financial analysis, the main reason for considering <u>nonconstant growth</u> in dividends is to allow for "<u>Supernormal</u>" growth rates over "<u>some finite length of time</u>."

This is because, in nonconstant growth, the growth rate cannot surpass the mandatory return indefinitely.

However, there is the probability that it could do so for some number of years.

Also, it should be noted that in this situation, the value of the stock equates to the present value of all the future dividends.

Hence, in this case, it is concluded that the correct answer is <u>supernormal</u> and <u>some finite length of time</u>.

Learn more here: brainly.com/question/13223703

7 0
3 years ago
A company has a retention rate of 50%, sales of $25,000, beginning equity of $50,000 and profit margins of 10%, an asset turnove
Degger [83]

Answer:

Sustainable Growth Rate: 2.5%

Explanation:

Sustainable growth rate is calculated by multiplying return on equity with retention ratio.

Logic behind above is that whatever portion of net profit is retained by the Company, is used in the Company's operations, which earns certain percentage of equity known as return on equity. By multiplying both return on equity with retention ratio, we assume that the practice will continue for foreseeable future and the Company will continue to grow at the calculated growth rate.

Growth rate = Retention ratio * return on equity

Retention ratio = 50%

Return on equity = Net profit available for distribution / Opening equity

Return on Equity = (25,000 * 10%) / 50,000

Return on Equity = 5%

Growth Rate = 5% * 50%

Growth Rate = 2.5%

5 0
2 years ago
Scarcity in economics means that: A) we often do not have sufficient resources to achieve our objectives. B) the wants of people
DanielleElmas [232]

Answer:

A) we often do not have sufficient resources to achieve our objectives

Explanation:

Scarcity is an economic problem that comes with scarce resources and unlimited wants. In this situation people have to decide on how to allocate resources better so as to satisfy their need, which involves opportunity cost.

Scarcity occurs when resources needs to satisfy ends are limited in supply. It is a foundational problem in economics.

5 0
3 years ago
Read 2 more answers
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