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Questions:
Describe the differences between a patent and a trademark.
How does a small company's brand benefit from trademark registration? Which sort of business, a small business or a giant corporation, is more innovative? Why?
Alternatively, go to www.uspto.gov/patents-application-process/search-patents.
What did you discover about the process after thinking of a product and searching for a patent? Has it met your expectations? How might small business owners benefit from this knowledge?
Assuming that all of each firm's $16 fixed cost is sunk, what is a firm's short-run supply curve?. What is the short-run market supply curve? c. Determine the short-run equilibrium price and quantity in this industry.
If the European Slump also leads to a slowdown of the other economies that import goods from the United States, the effect could be larger.
The demand curve is Qd = 200 - ¼ P. Calculate the (point) price elasticity of demand when price is $24. Is demand elastic or inelastic?
Suppose that a single price monopolist faces a market demand curve: P = 200 - 4Q
The bubble sort algorithm discussed in class is used to sort the following sequence of integers: 3 22 14 21 70 79
A decision at the margin Bob is a hard-working college freshman. One Tuesday, he decides to work nonstop until he has answered 150 practice problems for his economics course. He notices that as he gets tired, it takes him longer to solve each problem..
Assume that every driver faces a 1% probability of an automobile accident every year. An accident will, on average, cost each driver $10,000.
Imagine that you work for the World Bank and you have been called to Ghana to aid the new president to come up with a new international trade strategy.
Which of the following statements about B2B market segmentation is MOST true?
"Wow," you think to yourself, "Capital Markets, Inc. demanded a 7% return from TypicalAsset, and they only have a beta of 1.0!
Suppose demand is still described by P=5.10-0.80Q and supply is described by P=1.90+0.20Q. If there is a price floor of 2.94, what would be the consumer surplus in the market?
In April 2013, several employees of Javatech, Inc., a computer hardware developer with 250 employees, started organizing the Javatech Employees Union (JEU). When Javatech refused to voluntarily recognize the union, organizers petitioned the National ..
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