A licensor grants intangible property rights to the licensee such as the copyright
<h3>Copy Right</h3>
Copyright is a type of intellectual that shows that an individual as a legal right over an intangible property such as music, poem. other types of property right are :
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The accounting method under which revenues<span> are recognized on the income statement when they are earned.</span>
Answer:
A perfectly elastic demand curve means that the firm can sell as much output as it chooses at the current price.
Explanation:
The perfectly elastic demand implies that the demand curve is horizontal line parallel to the X axis. The price is fixed at a point and the firm can sell any amount of output at this point. The demand is infinite at the given price level. If the firm makes any changes in this price level, the demand will become zero.