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2 years ago

Monopolies are bad; patents give firms monopoly;therefore, patents are bad. true of false? why?

1 answer:

4 0

The answer is true. A monopoly is where a company, a group or individual has the power of controlling or possessing supply or trade while patent is where the government provides authority or license. If the monopoly is considered to be bad, the patent will also be bad as it is associated with a particular thing that has a purpose of doing bad since a patent is the agreement, the patent is likely to allow the monopoly do something that is bad or illegal as monopoly has the purpose of doing something bad.

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Can these two countries gain from trading oil and fish oil?

ozzi

These countries can gain from trade because norway has an absolute advantage producing fish oil.

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3 years ago

In his speech on the need to expand the local animal shelter, sheldon quotes the center's director as stating, "if we do not sec

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Moschino Cross Bear Women Short Sleeves Short Dress Black

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3 years ago

In September 2000 the Pullman Group arranged a bond issue for the estate of the late Marvin Gaye. The collateral on the bonds (a

nata0808 [166]

Answer:

The bond will sell for the amount of $869.17

Explanation:

According to the given data coupon amount = 50/2 = 25

Therefore, in order to calculate the selling price of the bond we would have to make the following calculation:

selling price of the bond = 25 * PVIFA(3%,52) + 1,000 * PVIF(3%,52)

selling price of the bond= 25 * 26.1662 + 1,000 * 0.2150

selling price of the bond= $869.17

The bond will sell for the amount of $869.17

6 0

3 years ago

Orlando Company, which applies overhead to production on the basis of machine hours, reported the following data for the period

astraxan [27]

Answer:

$37,600 favorable

Explanation:

Variable overhead spending variance can be computed as;

= (Actual hours worked × Actual variable overhead rate) - ( Actual hours worked - Standard variable overhead rate)

= ( 18,800 hours × $77,700/12,000) - (18,800 hours × $4.5)

= [(18,800 × $6.5) - (18,800 × $4.5)]

= $122,200 - $84,600

= $37,600 favorable

6 0

2 years ago

Bain corp. owned 20,000 common shares of tell corp., purchased in year 1 for $180,000. on december 15, year 5, bain declared a p

amid [387]

Answer:

$300,000

Explanation:

Although the property dividend was distributed on January 15, year 6. the amount that will be used is the value of the shares as at the declaration date and not the distribution date

Hence, since the aggregate market price of the tell shares held by bain was $300,000. on the declaration date, the entry to record the declaration of the dividend should include a debit to retained earnings (or property dividends declared) of $300,000

8 0

2 years ago