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SSSSS [86.1K]
3 years ago
10

One reason some economists doubt that patent protection encourages innovation is that economic studies show that inventors recei

ve only __________________ of the total economic value of their inventions in countries that ______________ .
Business
1 answer:
makkiz [27]3 years ago
4 0

Answer:

one-third to one-half; already had patents

Explanation:

One reason some economists doubt that patent protection encourages innovation is that economic studies show that inventors receive only one-third to one-half of the total economic value of their inventions in countries that already had patents.

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Is anyone a Steelers fan? Or Washington FT fan
vodka [1.7K]

Answer:

steelersssss all the way babyyyy

Explanation:

6 0
3 years ago
EB10.
mafiozo [28]

Answer:

The question is incomplete; the complete question is given below.

Cost Pool Cost Driver Estimated Cost Driver Estimated Overheads

Material     Material requisition     250,000.00         $105,000.00

Machining Machine hours         360, 750         $432,900.00

Inspection Number of inspections  25,000.00          $15,750.00

Answer:

Overhead rate per activity :Material- $0.42,  Machining-$1.2,  Inspection-$6.3

Explanation:

Activity-based costing aims to achieve better product pricing than traditional absorption cost by charging overheads to the product cost more accurately.

Activity-based costing uses cost drivers to charge overheads to cost unit as against the use of of volume-based bases like labour hours, machine hours. Overheads are first traced to the activities responsible for them- the sum is called cost pool. Cost pools are then absorbed into the cost unit using cost driver rates

Cost pool- the sum of the total overheads associated with an activity. E.g <em>$105,000 material requisition overheads.</em>

Cost driver: A factor that causes a change in the cost pool. E.g

<em>250,000 material requisitions.</em>

Cost per driver: A specific overhead absorption rate computed for an activity. It is calculated as follows:

Cost per driver = Estimated activity overheads/Total number of cost drivers

The predetermined overhead rate for each activity is calculated as follow;

Material requisition= $105,000/250,000 requisitions= $0.42 per requisition

Machining = $432,900/360,750 machine hours = $1.2 per machine hour

Inspection= $15,750/ 25,000 inspections = $6.3 per inspection

8 0
3 years ago
Which of the following journal entries will record the payment of a $675 accounts payable originally incurred for Office Supplie
sweet-ann [11.9K]

Answer:

C. Debit Office Supplies; credit Cash

Explanation:

The journal entry is shown below:

Accounts Payable A/c Dr $675

             To Cash A/c $675

(Being the payment of an account payable is recorded)

For recording this transaction, we debited the account payable account and credited the cash account as cash is paid so it reduces the cash account for $675 so that the correct posting could be done

8 0
3 years ago
Say the average increase in pay for non-union workers in 2011 is 2% across the U.S. If a workers' union successfully negotiates
4vir4ik [10]

Answer:

cut back the expansion of labor as a trade off between higher salaries but fewer workers.

Explanation:

If the employer believes that he is paying above average wages, he will try to reduce labor costs. Since unions are specially good in preventing massive layoffs, the other alternative left for the employer is to not hire new employees, or reduce the number of new employees that he expected to hire.

6 0
3 years ago
A new faculty member at the local university pays $1,500 per month to rent an apartment in the downtown area. She teaches on cam
Naddik [55]

Answer:

$2,700

Explanation:

Calculation for what should this professor be willing to pay in rent per month

First step is to calculate the Transportation cost per week

Transportation cost = ($25*4 hrs)* 3 per week

Transportation cost =$100*3 per week

Transportation cost= 300 a week

Now let calculate the rent per month

Rent per month= $1500 + ($300*4)

Rent per month=$1,500+$1,200

Rent per month= $2,700

Therefore what should this professor be willing to pay in rent per month to live near campus if her hourly wage rate is $25 will be $2,700

3 0
2 years ago
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