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2 years ago

How do patents encourage technological progress

1 answer:

7 0

Patents are used to balance the right of the individual with the concept of the public good. In general, the purpose of a patent is two-fold: to allow the inventor of some new thing to retain exclusive rights as to its use for a limited period of time, and after that time to ensure that the details of the invention are available for public use.
By granting the patent-holder exclusive rights to their invention, use and duplication of the invention is at the sole discretion of the inventor, potentially allowing them to profit from it. However, after a period of time those exclusive rights cease to apply, and the new invention becomes available to the public. This contributes to the public good by increasing the amount of general knowledge available.

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Using an annuity to fund a qualified retirement plan:(A)is unsuitable under any circumstances(B)is suitable if it is a fixed ann

kykrilka [37]

Is suitable if it is a fixed annuity but is unsuitable if it is a variable annuity

Answer: Option B.

Explanation:

An annuity is an agreement among you and an insurance agency where you make a singular amount installment or arrangement of installments and, consequently, get normal payment, starting either promptly or sooner or later.

An annuity is a long haul speculation that is given by an insurance agency intended to help shield you from the danger of outlasting your pay. Through annuitization, your buy installments (what you contribute) are changed over into occasional installments that can keep going forever.

7 0

3 years ago

Sheen Co. manufacturers laser printers. It has outlined the following overhead cost drivers: Overhead Costs PoolCost DriverOverh

andriy [413]

Answer:

Total allocated costs= $53,070

Explanation:

First, we need to calculate the allocation rates using the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Quality control= 77,000 / 1,100 = $70 per inspection

Machine operation= 153,000 / 1,500 = $102 per machine hour

Materials handling= 1,200 / 30 = $40 per batch

Miscellaneous overhead cost= 57,000 / 5,700= $10 per labor hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Quality control= 70*295= 20,650

Machine operation= 102*240= 24,480

Materials handling= 40*6= 240

Miscellaneous overhead cost= 10*770= 7,700

Total allocated costs= $53,070

3 0

2 years ago

PandemicsPlus just paid a dividend of $1.00 per share and they consistently grown dividends at 4% annually. Investors require a

oee [108]

Answer:

$13

Explanation:

The current value of the stock can be determined using the constant growth dividend model

according to the constant dividend growth model

price = d1 / (r - g)

d1 = next dividend to be paid

r = cost of equity

g = growth rate

(1 x 1.04) / (0.12 - 0.04) = 13

8 0

3 years ago

Which country, of those listed below, has the lowest percentage of women in senior management?

OLEGan [10]

As there is no countries listed but the percentage of women in senior management of some countries are as follows:
Women in senior management in China = 50%
Women in Senior management in Poland = 48%
In Germany = 30%
and in United States = 20%
Now you can see that which country has lowest percentage of women in senior management and that is United States.

8 0

2 years ago

An expense account normally has a ___________ balance. A. Debit B. Credit

swat32

Answer:

An expense account normally has a debit balance.

8 0

2 years ago