Answer and Explanation:
c. [(price of basket of goods and services in current year - price of basket in base year) / price of basket in base year ] x 100
Answer:
SDX Alliance and Copyright
SDX Alliance should substantiate Ralph's claim that his former employer was out of business. In this attempt, contact with the owner of the moribund company and copyright should be initiated so that the copyright could be bought from the moribund corporation. These moves should run concurrently as SDX continues to review the code.
Alternatively, SDX Alliance can also continue to review the code while Ralph develops a modified code based on the copyrighted one. Some modifications of the old code may become inevitable due to the passage of time. If the new code can be modified to incorporate latest innovations and discoveries, then SDX can deploy and even copyright the modified code.
Explanation:
Copyright, which is a legal right, gives the owner the exclusive right to copy and modify a code. This means that another person is not allowed to make any copy without the original owner's permission. The question becomes difficult when the owner is no longer in business and cannot be located. Ordinarily, copyrights last for 70 years. Fair use of copyrighted intellectual property is allowed under certain conditions.
Answer:
The firm should increase output and reduce price
Explanation:
For a monopolist, there can be one of the following three scenarios at a time point in time:
Scenario one, MR = MC: For a monopolist, profit is maximized at the point where marginal revenue (MR) is equal to to marginal cost (MC), i.e. where MR = MC.
Scenario two, MR < MC: But when the MR < MC, it indicates that the monopolist is currently producing a higher quantity of output and it is not maximizing profit. In order to maximize profit, the monopolist has to reduce output until MR = MC.
Scenario three , MR > MC: But when the MR > MC, it indicates that the monopolist is currently producing a lower quantity of output and it is not maximizing profit. In order to maximize profit, the monopolist has to increase output until MR = MC. Also, the monopolist has to reduce price in order to sell the increased quantity of output.
From the question, the monopolist falls into scenerio three as MR > MC, i.e. $45 > $35. Therefore, the monopolist should increase output until MR = MC and reduce price in order to maximize profit.
Answer:
Common Dividend paid in 2019 = $37,000
Explanation:
Given:
Number of shares = 6,000
Rate = 4% = 0.04
Share price = $100
Computation of per year Dividend
Dividend = Number of shares × Share price × Rate
Dividend = 6,000 × $100 × 0.04 = $24,000 per year
Preferred dividend for 2 years = $24,000 × 2 = $48,000
Computation of Dividend paid in 2019:
Total Dividend paid = $85,000
Preferred dividend for 2 years = $24,000 × 2 = $48,000
Common Dividend paid in 2019 = $85,000 - $48,000
Common Dividend paid in 2019 = $37,000
Answer:
4. Under the imposter rule, Connie will be held liable.
Explanation:
AN IMPOSTER RULE is a legal principle affirming that an impostor’s endorsement of a negotiable instrument is not a forgery. Imposter refers to a person who engages in deception under an assumed name or identity. The impostor rule makes an indorsed check effective if the drawer was induced to issue the check by an impersonator of the payee.
The impostor receiving the check may indorse it at the drawer's bank. Hence, the rule makes the drawer of the instrument responsible for the loss because the bank accepted the endorsement in good faith. The imposter rule is based on the assumption that between the bank and the drawer, the drawer is in a better position to prevent the loss.