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mihalych1998 [28]
3 years ago
7

A monopoly has produced a product with a patent for the last few years. The patent is going to expire. What will likely happen t

o the demand for the patent-holder's product when the patent runs out?
Business
1 answer:
denis23 [38]3 years ago
6 0

Answer:

Demand for the patent-holder's product will decrease when the patent runs out.

Explanation:

While there is a patent over a product, only the patent-holder's can sell that product. If there is a monopoly it means that that company is the only one that produce and sell this product.

When the patent run out new competitors will enter the business, so the demand on patents holders will decrease.

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Bad White [126]
<span>A. A Bachelor's Degree This has the highest rate of investment because with the other options like a high school diploma, the person who gets such certificate can only earn minimum wage. However, with a 4 years Bachelor's degree the person can earn more and will live according to certain societal standards.</span>
8 0
3 years ago
When iTunes sells a song or movie, it must record the transaction in accounts. Which accounts might iTunes use when it sells a s
Kay [80]

Since the actual process of the transaction is instantaneous, and its takes the money directly out of your account, the account they're dealing with is most likely Revenue.

Accounts Receivable is also another option that may come to mind, but remember that in this account, the seller is waiting for payment. Once the responsible party pays the seller, A/R is credited (decreased) and Revenue is debited (increased).

With iTunes (as stated previously), the transaction happens right then and there. We pay cash and iTunes gives us the song/movie/album/etc. Therefore, the only logical answer would be <u>Revenue</u>. In this case, <em>Sales Revenue</em> since we're dealing with a type of retailer and not a service.

7 0
3 years ago
_______________ is the process of selling goods and services to individuals for their personal use?
Norma-Jean [14]
The correct answer is retailing.
Retailing is the process of selling goods and services to individuals for their personal use. You have stores, which are considered to be retailers of particular goods and services, and then you have customers who go there to buy those goods and services.
3 0
3 years ago
Market segmenting is __________.
Mrrafil [7]
Separating people into groups based on their characteristics, problems, needs, and desires
3 0
3 years ago
The compelling government interest test is used by the courts to determine whether a law regulating the content of speech will b
Tamiku [17]

Answer:

The statement is: True.

Explanation:

Compelling-state-interest-test balances the government's interest against an individual's right to be free of law. The test is part of the strict scrutiny analysis and is used as a precedent for future similar cases when the government legitimate interest is at risk.

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