Answer:
Explanation:
People who want to obtain credit goods services from financial institutions can use their economic political property rights to do so.
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The longer the time period considered, the more the elasticity of supply tends to INCREASE.
The elasticity of supply refers to the responsiveness of suppliers to the change in price of their products or services. Elasticity of supply is measured as a ratio of proportionate change in quantity supplied to the change in price. Elasticity of supply tends to increase with time.<span />
Answer and explanation:
The influence a company may have over another when one of them has a number of shares that belongs to the other is determined by the percentage of ownership that the number of shares represent. If its lower than 20%, it is said the company has <em>no influence</em> over the other. From 20% to 50% one company has <em>significant influence</em> over the other. Finally, with more than 50% of the outstanding shares in possession, one company has <em>control </em>over the other.
In that case, CBS Corp. has no influence over Westwood One, Inc. since it owns only 18% of the outstanding shares.
Answer:
Not only do businesses see benefits from the protections of trademarks, consumers do as well; they allow consumers to correctly identify the products they want to purchase.
d. trademarks
Explanation:
A trademark is a symbol, word or sign that has been registered as representing a company or a product. They are majorly used by companies to identify a product specifically as belonging to that particular company. It usually has unique features that separates the product from similar products in the industry. Once a trademark has been registered, the company that has registered that particular trademark has sole right on its production and use. This means that any other company cannot use this trademark without permission from the company that registered it. It is illegal to use a registered trademark without permission from the owner.
Trademarks are very useful to the business since they are protects the owner from production of similar words, sign or symbols. It therefor avoids confusion in knowing the source owner of the product. This can be a useful tool in marketing since the consumers will use the trademark in identifying the product they want. On this note, the trademarks also allow consumers to correctly identify the products they want to purchase.
Answer:
Option (D) is correct.
Explanation:
Perfect substitute goods are the goods which can be used in place of each other.
Perfect substitutes refers to the goods which are having identical characterstics, features and provide the exactly same level of satisfaction.
The marginal rate of substitution for these perfect substitute goods remains constant which means that the trading of one good for the another good is at a fixed rate.
