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bija089 [108]
3 years ago
14

Suppose that Billy McGee owns the Internet domain www.ironmaiden.com. Iron Maiden, the legendary British heavy metal band, was g

iven the rights to the name by the World Intellectual Property Organization. Iron Maiden values the domain name at $250,000 and Billy McGee values the domain name at $330,000. The Coase theorem suggests that:
(a) Iron Maiden will buy the domain name from Billy McGee for less than $330,000.(b) Billy McGee will pay Iron Maiden between $250,000 and $330,000 to keep the domain name.(c) Billy McGee will pay Iron Maiden more than $330,000 to keep the domain name.(d) Iron Maiden will take the domain name.
Business
1 answer:
Eduardwww [97]3 years ago
5 0

Answer:

B

Explanation:

Coase theorem states that in a situation of conflicting property right . the trading parties should be able to arrive at a mutually benefiting term that should cover the the  cost and other underlying value of the property involved.

In the scenario above , for  Billy McGee to retain the domain name as the WIPO has already given the right to Iron maiden , he will have to pay iron maiden more than the value to iron maiden and less than the value to him so that the two can mutually benefit from the transaction

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Answer:

$21,000,000

Explanation:

Ratio is used in allocating the research and development cost

This is the expression of relationship between two or more data showing the number of times one data contains or is contained in another data

Total research and development cost = $60,000,000

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Arizona -= $ 100,000,000

Illinois =    $84,000,000

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Illinois allocation of research and development cost=

84,000,000/240,000,000*60,000,000 =$21,000,000

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3 years ago
Which of these would be considered an entrepreneur?
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The owner of a local coffee shop
4 0
3 years ago
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Scenario 1: Individual Retirement Accounts (IRAs) allow people to shelter some of their income from taxation. Suppose the maximu
ELEN [110]

Answer:

<em>The question is incomplete, complete question is as follows:</em>

Individual Retirement Accounts (IRAs) allow people to shelter some of their income from taxation. Suppose the maximum annual contribution to such accounts is $5,000 per person. Now suppose there is a decrease in the maximum contribution, from $5,000 to $3,000 per year.

Shift the appropriate curve on the graph to reflect this change.

This change in the tax treatment of interest income from saving causes the equilibrium interest rate in the market for loanable funds to and the level of investment spending to.

Explanation:

<em>To decrease.</em>

Saving is the basis of the loanable finance supply.

<em>Decreasing the saving rates which families may shelter from income tax would deter saving on each interest rate, contributing to a change in the supply of loanable funds to the left. </em>

The initial interest rate is due to a shortage of loanable funds. The lenders will also be able to increase the interest rate which they charge for loans with more inclined borrowers than lenders.

Whilst the interest rates increase, the quantity required for loanable funds is declining. The equilibrium interest rate is increasing, and the equilibrium amount of borrowed and invested loanable funds is decreasing.

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4 years ago
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Answer:

Options A and D are true.

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7 0
3 years ago
A firm has three different production​ facilities, all of which produce the same product. While reviewing the​ firm's cost​ data
kakasveta [241]

Answer:

Joshua statement is correct.

Explanation:

Marginal cost:

Is the cost of producing a new unit.

Average Cost:

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3 years ago
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