User Account

All Pages

Discuss the intellectual property laws

Assignment Help Microeconomics
Reference no: EM131635031

Question: Intellectual property laws are intended to promote innovation, but some economists, such as Milton Friedman, have argued that such laws are not desirable. In the United States, there is no intellectual property protection for food recipes or for fashion designs. Considering the state of these two industries, and bearing in mind the discussion of the inefficiency of monopolies, can you think of any reasons why intellectual property laws might hinder innovation in some cases?

Reference no: EM131635031

Questions Cloud

How the monopolist might react in the given case : Imagine that you are managing a small firm and thinking about entering the market of a monopolist. The monopolist is currently charging a high price.
What is the value of a masters degree in nursing : What differentiates the practice of a master's-prepared nurse compared to that of a baccalaureate-prepared nurse
Compare the radicals to the standard bearers : Discuss their different approaches to the subject, including those from the earliest debates to achieving suffrage.
Discuss challenges for implementation of solutions : ecological sanitation solutions for lesser economically developed countries. Also discuss challenges for implementation of these solutions
Discuss the intellectual property laws : Intellectual property laws are intended to promote innovation, but some economists, such as Milton Friedman, have argued that such laws are not desirable.
List and describe steps in the marketing research process : List and describe the steps in the consumer purchase decision process. List and describe the steps in the Marketing Research process.
Define the concepts of utilitarian and deontology : Define the concepts of utilitarian and deontology.Describe how the stakeholder was impacted (socially, economically, and environmentally).
Identify the major health condition impacting your community : Based on your preliminary search, identify major health conditions impacting your community and choose one of those conditions as the topic for your assignment.
Solving problem related to the justice department : For many years, the Justice Department has tried to break up large firms like IBM, Microsoft, and most recently Google, on the grounds that their large market.

Reviews

Write a Review

Microeconomics Questions & Answers

  Four-step model of the process

Communications professor John Marston proposed a four-step model of the process through which public relations can influence public opinion.

  Key features of the consumption function

What are the key features of the consumption function? What causes consumption to rise or fall? Does the level of consumption deserve concern today?

  Question 1 suppose ve rational roommates are deciding on a

question 1. suppose ve rational roommates are deciding on a place to have coee together. there are four alternatives

  How did economy that existed at time of the theories

explain the viewpoints of classical and keynesian economists. how did the economy that existed at the time of these

  Explain how the item pertains to your topic

Write a narrative analysis of the primary source, using the information you collected on the worksheet. Explain how the item pertains to your topic.

  Are they likely to make economic profits initially can they

jessica alba a famous actress starts the baby and family products business the honest company with christopher gavigan.

  A linear program has been resolved and sensitivity analysis

a linear program has been solved and sensitivity analysis has been performed. the ranges for the objective function

  Determine what would be the price and output

If a regulatory commission establishes a price with the goal of achieving allocative efficiency, what would be the price and output What would be the firm's profit or loss d. If a regulatory commission establishes a price with the goal of allowing..

  Let x denote mean age of random sample of n 50 students

the average of freshman college students is 18.5 years with a standard deviation 0.4 years.a. let x denote the mean

  Problem 1a student spends the summer working as an intern

problem 1a student spends the summer working as an intern at a financial services company gaining valuable experience

  Cost curves in perfect competition industry

Catfish farming in Louisiana is a perfect competition market. Hence, customers of catfish are getting their catfish at the minimum cost per unit of manufacturing catfish, and they are very happy.

  What advantages and disadvantages are there in using snoopy

In an opinion survey, Snoopy was found to be the most appealing celebrity endorser. The beagle from the popular Peanuts comic strip appeared in commercials for the insurance company MetLife. What advantages and disadvantages are there in using Sno..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd