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Blizzard [7]
3 years ago
12

A _____ grants the inventor of a new product or process exclusive rights for a defined period to the manufacture, use, or sale o

f that invention.
Business
1 answer:
Anna007 [38]3 years ago
7 0

Answer:

patent

Explanation:

A patent is a type of intellectual property that is classified as an intangible asset. It provides the patent holder protection for any invention that he/she has developed and registered with the proper government authorities. Patents usually last between 14 to 20 years and during that time the patent holder has the exclusive right to manufacture, use or sell his invention.

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What is price discrimination?
balandron [24]
<span>the action of selling the same product at different prices to different buyers, in order to maximize sales and profits.
</span>
5 0
3 years ago
Alex Karev has taken out a ​$ loan with an annual rate of percent compounded monthly to pay off hospital bills from his wife​ Iz
Tom [10]

Answer:

the question is incomplete, so I looked for a similar one:

<em>Alex Karev has taken out a ​$180,000 loan with an annual rate of 11% compounded monthly to pay off hospital bills from his wife​ Izzy's illness. If the most Alex can afford to pay is ​$3,500 per​ month, how long will it take to pay off the​ loan? How long will it take for him to pay off the loan if he can pay $4,000 per​ month?</em>

PVIFA = $180,000 / $3,500 = 51.42857

PVIFA = [1 - 1/(1 + i)ⁿ ] / i = [1 - 1/(1 + 0.11/12)ⁿ] / 0.11/12

51.42857 x 0.11/12 = 1 - 1/(1 + 0.11/12)ⁿ

0.47143 = 1 - 1/(1 + 0.11/12)ⁿ

1/(1 + 0.11/12)ⁿ = 1 - 0.47143 = 0.52857

1 / 0.52857 = (1 + 0.11/12)ⁿ

1.89189 = 1.009167ⁿ

n = log 1.89189 / log 1.009167 = 0.2769 / 0.003963 = 69.87

n = 69.87 months

PVIFA = $180,000 / $4,000 = 45

PVIFA = [1 - 1/(1 + i)ⁿ ] / i = [1 - 1/(1 + 0.11/12)ⁿ] / 0.11/12

45 x 0.11/12 = 1 - 1/(1 + 0.11/12)ⁿ

0.4125 = 1 - 1/(1 + 0.11/12)ⁿ

1/(1 + 0.11/12)ⁿ = 1 - 0.4125 = 0.5875

1 / 0.5875 = (1 + 0.11/12)ⁿ

1.70213 = 1.009167ⁿ

n = log 1.70213 / log 1.009167 = 0.23099 / 0.003963 = 58.29

n = 58.29 months

4 0
3 years ago
Both you and your older brother would like to have $28,000 in 13 in years. Because of your success in this class, you feel that
DerKrebs [107]

Answer:

$693.16

Explanation:

Calculation to determine How much less than your brother will you have to deposit today

Using this formula

FV= Present value × (1 + interest rate)^number of years

Let plug in the formula

First step

$28,000 = Present value × (1 + 0.112)^13

PV= $28,000 ÷ 1.112^13

PV= $28,000 ÷ 3.97522975235

PV= $7,043.618

Second step

$28,000 = Present value × (1 + 0.104)^13

PV= $28,000 ÷ 1.104^13

PV= $28,000 ÷ 3.61907808993

PV= $7,736.777

Now let calculate how much less than your brother will you have to deposit today

Deposit today= $7,736.777-$7,043.618

Deposit today= $693.159

Deposit today=$693.16 (Approximately)

Therefore How much less than your brother will you have to deposit today will be $693.16

5 0
3 years ago
If the rate of inflation remains the same at 2% during the 5-year life of a TIPS bond with a coupon of 3%, what would the nomina
Vaselesa [24]

Answer:

C $1,104

Explanation:

TIPS are the form of bonds which are specially designed for the purpose to protect the investors against the inflation.

The principal value of the bond in case of TIPS is adjusted for yearly inflation.

Based on the above discussion the value of TIPS bond can be calculated using the below formula:

Value of bond at maturity=Principal amount (1+inflation rate)^5

                                         =1,000(1+2%)^5

                                         =1,104

 So the answer is C $1,104

4 0
3 years ago
Suppose a period of continuous political instability leads to people to believe that the economy will slide into a deep recessio
anastassius [24]

Answer:

The answer is:

1. Commodity

2. Fiat

Explanation:

We have two questions here.

First, the answer is commodity money. Commodity money is the type of money whose value are tied to the commodity it is made up of. This is used as a medium of exchange when the value of money falls totally (during inflation or hyperinflation.) Examples of commodity money can be gold, cocoa,copper etc.

Second question. The answer is fiat money. Fiat money is the currency issued by the national government of a country through The Fed(in US) or Central banks (in most countries).

The fiat money in US is the US dollar, for Nigeria is Nigerian naira etc. It is a legal tender in those countries.

4 0
3 years ago
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