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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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Indicate the accounts, amounts, and direction of the effects on the accounting equation under the accrual basis.
Alex777 [14]

Answer:

Find the answers in the excel file attached.

Explanation:

The impact of the accounting equation has been shown as well.

Download xlsx
6 0
3 years ago
Interest amounting to $4 was credited to your account by the bank in September. The bank's service charge for the month was $5.
allsm [11]

Answer:

Bank Reconciliation Statement as at October 2:

Balance as per checkbook            $601

Add: Electronic transfer             $2,400

       Interest                                       $4

Less: Bank charge                            ($5)

Balance as per bank statement $3,000

Explanation:

A bank reconciliation statement is a statement prepared periodically to reconcile the balance in the cash book with the balance shown on a bank statement.

The process starts with identifying transactions that do not (do) appear in the cash book and those that do not (do) appear in the bank statement, which did not appear in the other.  Errors are also identified and corrected during the process.  After this, the reconciliation statement is prepared to agree the two sources of balances.

6 0
3 years ago
To ________, a marketer would most likely ask target audience members whether they remember the message, how many times they saw
pentagon [3]

Answer:

The correct answer is the option B: collect feedback.

Explanation:

First of all, the term<em> </em><em>feedback</em> refers to the<em> amount of information</em> that the marketer receives from the target audience in order <em>to understand if the decisions made were good</em> or if they were bad then understand in what they made a mistake and correct it.

Secondly, it is understandable that in order to do that the marketer needs to <em>ask the target audience </em>questions that might give important information such as <em>the frecuency that they saw the message, also if they remember the message and what points of it they can remember</em>.

6 0
3 years ago
Sweet Inc. manufactures cycling equipment. Recently, the vice president of operations of the company has requested construction
Reika [66]

Answer:

$4,775,565.49

Explanation:

The computation of the selling price of the bond is shown below:

Particulars                  Amount PV factor 6%       Present value

Semi-annual interest $216,209 19.60044    $4,237,791.53

Principal                         $3,088,700     0.174110131  $537,773.96

Total                                                       $4,775,565.49

Working notes

Semi-annual interest $216,209 = $3,088,700 × 14% × 6 ÷ 12

PV factor 3%:    

Semi-annual interest 13.76483115      = {(1 - (1.06)^-30) ÷ 0.06 }

Principal 0.174110131  = {1 ÷ 1.03^30}

6 0
3 years ago
When Maria temporarily left the company to obtain her master's degree with the intention of returning as a lead trainer, she was
inna [77]

Answer:

B) Sabbatical,it is a period of leave granted for higher education or travel

Explanation:

Give thanks and rate

7 0
2 years ago
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