Answer:
c.inadequate enforcement of property rights.
Explanation:
A company that previously provided software moved out of marketing because too many potential consumers bought illegally produced copies of software alternatively of buying the product straight from the company. this instance works as a model of <u>inadequate enforcement of property rights</u>. Basically, property rights remain speculative socially-enforced constructs in commerce for ascertaining how a resource or business asset is utilized as well as occupied.
Answer:
The correct answer is: taxes and government spending.
Explanation:
The government can reallocate resources from private and public goods through taxes and government spending. The government can reduce spending on private goods by imposing taxes.
It can increase the allocation of public goods by using these tax earnings to spend on public goods through government spending. In this way, the government can reach the efficient allocation of resources.
Answer:
<em>2. EasyOpen's patent expired after 20 years</em>
Explanation:
<em>Patent rights last for about a limited period of time, as well as the right to file a lawsuit on other sides for infringement of the patent is centered on that time. </em>
Inventors and other patent proprietors may therefore choose to measure and evaluate their patent's expiry date.
It will mostly rely heavily on the date of filing of your patent application, and also the sort of patent they obtained.
Patents are defined as utility patents, patents on designs or patents on plants.
Patent protection for utility patents, which are the most common type of patent, and which EasyOpen Inc is part of, lasts 20 years after the patent application's filing date.
The correct answer is to debit Cash (an asset) for $1,000 as the company now has the cash and credit Deferred Revenue (a liability) for $1,000 as the company now has an obligation to provide services in the future.
<h3>What is
Revenue?</h3>
The total amount of income earned by the sale of goods and services connected to the principal operations of the firm is referred to as revenue in accounting. Commercial revenue is often known as sales or turnover. Some businesses make money by charging interest, royalties, or other fees.
The overall cost of making and distributing a product or service to consumers is referred to as the cost of revenue. The cost of revenue is disclosed in a company's income statement. It is intended to show the direct costs related with the goods and services offered by the company.
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