Answer:
The person is NOT spending her income for both goods in a manner that maximizes her satisfaction.
Explanation:
Based on the information given The person is NOT spending her income for both goods in a manner that maximizes her satisfaction which means that she would have to INCREASE baseball games consumption and DECREASE movies consumption reason been that we were told that an individual enjoys going to baseball game three times compare to seeing new movie which therefore means The price of the ticket for a baseball game which is the amount of $30 should be increase while the price of a ticket for a movie which is the amount of $15 should be decrease.
<span>Information was used to file claims against insurance companies and government insurance, patients were pushed to take out loans to cover services, patients' credit card information was obtained and card companies were billed, patients were required to furnish bank information and electronic checks were processed by financial institutions.</span>
Answer:
Market control by a few large firms
Difficult entry
Mutual interdependence
Explanation:
In the case of oligopoly as we know that there are very little large firms and each kind of firm generates the important portion of the total output. So each market have the market control
Also the main reason behind the barrier with regard to new firm entered is the barrier for the few firms. The reasons like patents, large capital needed are some reasons that makes it difficult for entering
In addition to this, they are mutual interdependent. This implies that the one firm action would impact the other firm action and according to this, the price and the level of output would be determined
Hence, the above represent the answer
The bag's coloring and design are considered its trade dress.
<h3>
What is a trade dress?</h3>
- The commercial look and feel of a product or service that identifies and distinguishes the source of the product or service are referred to as trade dress.
- It encompasses the different aspects (such as material design and shape) used to package a product or service.
<h3>What is a certification mark?</h3>
- A certification mark is a sort of trademark that is used to show consumers that specific goods and/or services, or the providers of those goods and/or services, have satisfied certain requirements.
<h3>What is a service mark?</h3>
- A "service mark" is a form of trademark that is protected and governed by the Lanham Act.
- Service marks are used to identify and distinguish one individual's or organization's services, even if they are unique, from those supplied by others.
<h3>What is a collective mark?</h3>
- A collective trademark, collective trademark, or collective mark is a trademark owned by an organization that is used by its members to identify themselves with a certain degree of quality or accuracy, geographical origin, or other features specified by the organization.
Therefore, the bag's coloring and design are considered its trade dress.
Know more about trademarks here:
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Answer: A
Explanation:
A complementary good is a product that is used together with another product. Without its complement, such a good will have little value. When there is increase in the price of a particular product, the demand of its complement reduces because consumers may not be able to use the complement on its own.
Complements have negative cross elasticity of demand i.e there is increase in the demand for a product when the price of its complement reduces. If bicycles and gasoline are complements, an increase in tax on gasoline will have a negative effect on the demand for bicycle. Due to the price increase of gasoline, less people will demand for bicycle. The initial change that will occur as a result of this is that as there is a price increase for gasoline, there will be a leftward shift in the demand for bicycle. This implies that less bicycle will be demanded for.
