What are the different types of patents?

Business

1 answer:

Bezzdna [24]2 years ago

3 0

Answer:

three types:-

utility patents
design patents
plant patents

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Allocating the cost of intangible assets to expense is referred to as

Aneli [31]

Answer: Amortization

Explanation:

4 0

3 years ago

The quantity demanded of cereal increased from 1,350 to 1,700 when the price of milk decreased from $2.05 to $1.65. What is the

STALIN [3.7K]

Answer:

-1.33

Explanation:

Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.

If cross price elasticity of demand is positive, it means that the goods are -substitute goods.

Substitute goods are goods that can be used in place of another good.

If the cross-price elasticity is negative, it means that the goods are complementary goods.

Complementary goods are goods that are consumed together

Cross Price elasticity of demand = percentage change in quantity demanded of good A / percentage change in price of good B

percentage change in quantity demanded of good = (1700/ 1350) - 1 = 0.259

percentage change in price = (1.65 / 2.05) - 1 = -0.195

0.259 / -0.195 = -1.33

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3 years ago

When price exceeds average variable cost in the short run, a competitive firm's marginal cost curve is regarded as its supply cu

frutty [35]

Answer:D. the marginal cost curve determines the quantity of output the firm is willing to supply at any price.

Explanation: The marginal cost is the change in total cost of producing a set of product as a result of adding one more unit to the production.

For example, if a firm has to buy one more production equipment in order to increase the number of product is the cost associated with that additional equipment is a MARGINAL COST.

THE MARGINAL COST CURVE DESCRIBES THE RELATIONSHIP BETWEEN THE MARGINAL COST OF A FIRM IN THE SHORT-TERM PRODUCTION OF A GOOD OR SERVICE AND THE QUANTITY OF FINISHED GOODS PRODUCED BY A FIRM.

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3 years ago

The journal entry to record the purchase of materials on account in process cost accounting is a(n): Multiple choice question. i

Lilit [14]

The journal entry to record the purchase of materials on account in process cost accounting is an Increase in assets and an increase in liabilities. Option A. This is further explained below.

<h3>What is a journal entry?</h3>

Generally, In process cost accounting, a rise in assets and an increase in liabilities are recorded in the journal entry for the purchase of materials on account.

In conclusion, A journal entry is a kind of entry that is used in the accounting records of a company to record a transaction that occurred inside the company.