Answer:
Patent Infringement
Explanation:
Patent Infringement is the production or selling of another company's intellectual property, inventions or designs (as your own), without the permission or license of the owner.
Patent infringement and licensing infringement can be used interchangeably.
"<span>B) Resource use, production, and distribution of goods and services" is the correct answer. Economics is really a study of limited resources, and how people make choices. </span>
The company should obtain a creative patent for this product.
Explanation:
A creative patent comes with a creative license which can either be made revenue-able or kept in the free common license which does not produce profit when used by someone else.
This would ensure that the design of the jewelers will not be copied by anyone else under any circumstances as they will have the right ot use the design or let others use the design on their now terms which they can then use as a stable source of revenue for themselves.
Answer: $47,900
Explanation:
From the question, we are told that part of the initial investment, Ray Blake contributes equipment that had originally cost $96,100 and on which accumulated depreciation of $72,075 has been recorded.
We are further told that assuming similar equipment would cost $164,400 to replace and the partners agree on a valuation of $47,900 for the contributed equipment, we are told to calculate the amount that would be debited to the equipment account.
It should be noted that in a partnership, when the partners contribute an asset, during the recording of the asset in the partnership book, it is recorded based on the agreed valuation price.
In this case, the partners agree on a valuation of $47,900 for the contributed equipment. Therefore, the amount that should be debited to the equipment account will be $47,900.
<span>Economies of scale are created by greater efficiency of capital and by increased specialization of labor. This means workers learn and perform labor duties that are specialized and narrow in focus. Specialization of labor ultimately leads to an increase in production.</span>
