Business, 20.11.2019 05:31 Victoriag2626
Aprofessor at a university finds a way to reduce the costs of producing automobile glass. the method is very easy for anyone to copy. a company develops a substance which prevents eyeglasses from smudging. it receives a patent on the formula. which of these are common technological knowledge?
a.) the method to reduce costs of producing automobile glass, and the formula for the substance that prevents smudging
b) the method to reduce costs of producing automobile glass, but not the formula for the substance that prevents smudging
c) the formula for the substance that prevents smudging, but not the method to reduce costs of producing automobile glass
d) neither the method to reduce costs of producing automobile glass nor the formula for the substance that prevents smudging
Answers: 1
Business, 22.06.2019 01:40, dperdomo0015
Costs of production that do not change when output changes. question 17 options: total revenuefixed incometotal costfixed cost
Answers: 1
Business, 22.06.2019 13:50, veronica25681
When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars
Answers: 2
Business, 22.06.2019 21:10, dooboose15
Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
Answers: 3
Aprofessor at a university finds a way to reduce the costs of producing automobile glass. the method...
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