Answer:
A. Patent: government license that provides title over an invention and right to use for a certain amount of time.
B. Research and development costs: costs incurred to develop new products or processes.
C. Trademark: a brand name or symbol that is registered under an individual or a business.
D. Intangible assets: non-physical assets, e.g. patents
E. Copyright: the legal right that the owner of a work (e.g. song, movie) possesses to decide who can use his work or not, and charge a fee for it.
F. Plant assets: asset that is used to generate revenue and whose useful life is more than one year.
G. Goodwill: when a business is sold, it represents an intangible asset associated with the reputation of the business.
H. Franchise: a business model where a franchisee starts a business by using someone else's (franchisor) business model and know how.
Answer:
Senior director , software engineers, senior legal counsel, and more
Answer:
c. oportunity cost
Explanation:
Opportunity cost is the value lost as a result of preferring a particular option over the other. It occurs when an individual has to choose between two alternatives. For example, Jane can either stock 100 crates of soda or 80 packs of water. If shes chooses 80 boxes of water, the100 crates of soda represent the opportunity cost.
Answer:
a. its average cost is greater than its marginal cost
Explanation: