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Law Incorporation [45]
3 years ago
5

Gaggle Inc. decides to wrongly infringe on Chirp Chirp's patent and establish a similar "knock-off" product because Chirp Chirp

is just a small start-up company and they lack the money to litigate in court with Gaggle, Inc.
Gaggle, Inc. is:
A. acting ethically...business is war.
B. Unethically exploiting their power and size in the marketplace.
C. Ethically using the civil legal system just like everyone else.
D. Ethically challenging the role of patent rights in society
E. None of the above
Business
1 answer:
Eduardwww [97]3 years ago
6 0

Answer:

B. Unethically exploiting their power and size in the marketplace.

Explanation:

Infringing upon a patent in this way breaks the ethical barrier. Gaggle Inc. not on builds the knock-off product but does so because they realize that Chirp Chirp does not have the financial capability to fight them. If both companies were of a similar stature Gaggle Inc. would not have done this as they would be penalized after legal proceedings.

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Which of the following total cost functions suggests the presence of a natural​ monopoly?
monitta

Answer: B. TC​ = 50​ + 20Q

Explanation:

A Natural Monopoly is generally associated with a firm that has very high initial fixed costs. These costs are generally related to the use of high scale technology or machinery to operate effectively.

Some examples include, gas pipelines, electricity grids, and the like.

They act as both a deterrent for companies to join the market as well as to exit.

Option B shows the typical Total Cost function of a Natural Monopoly and reflects the high initial costs as well.

8 0
3 years ago
Cost of Goods Manufactured for a Manufacturing Company
aniked [119]

Answer:

Cost of goods manufactured $ 2567,400

Explanation:

<u>Ethtridge Manufacturing Company </u>

<u>Statement of Cost of Goods Manufactured </u>

<u>For the Month Ended July 31 </u>

Direct materials $1,150,000

Direct labor 966,000

Total factory overhead 490,500

Total manufacturing costs $  2606500

Add July 1 Work in process inventory, 316,400

Cost of Goods Available for manufacture $ 2922,900

Less July 31 Work in process inventory,  355,500

Cost of goods manufactured $ 2567,400

When we add the direct materials. direct labor and FOH we get the total manufacturing costs .

When the total manufacturing costs are added to the opening work in process inventory we get the cost of goods available for manufacture and we get the cost of goods manufactured by subtracting the ending work in process inventory from the cost of goods available for manufacture.

6 0
3 years ago
Splish Brothers Inc. sold its accounts receivable of $70,300. What entry should Splish Brothers make, given a service charge of
Bingel [31]
Please help me! This is due tomorrow and I really need some help! Thank you.
8 0
3 years ago
Identify strategies to promote the development of the human resources field in business
Naya [18.7K]

Answer:

  1. Develop a thorough understanding of your company’s objectives
  2. Evaluate your HR capability
  3. Analyze your current HR capacity in light of your goals
  4. Estimate your company’s future HR requirements
  5. Determine the tools required for employees to complete the job
  6. Implement the human resource management strategy
  7. Evaluation and corrective action

3 0
3 years ago
Determine the missing amounts. Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio 1. $900
Pie

Answer:

(a) = $468

(b) = 52%

(c) = $144

(d) = 28%

(e) = $1150

(f) = $920

Explanation:

    selling price   variable cost    contribution   margin contribution ratio

1.     $900             $432                  (a) $                          (b)%

2.    $200            $ (c)                     $56                            (d)%

3.  $ (e)               $(f)                       $230                          20%

contribution = selling price - variable costs

Margin contribution ratio = contribution / sales

Variable cost = selling price - contribution

Selling price = contribution / margin contribution ratio

5 0
3 years ago
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