Owning a patent: a. Gives its owner the exclusive right to publish and sell a musical or literary work during the life of the creator plus 70 years.
b. Gives its owner an exclusive right to manufacture and sell a patented item or to use a process for 20 years.
c. Gives its owner an exclusive right to manufacture and sell a device or to use a process for 50 years. Indicates that the value of a company exceeds the fair market value of a company's net assets if purchased separately.
d. Gives its owner the exclusive right to publish and sell a musical or literary work during the life of the creator plus 20 years.

Payday loans could be considered as a. illegal b. subprime lending c. good deal for borrower d. for frequent use

Suppose that: 1. malaysia requires 1 hour of labor to produce 1 pound of rice and 2 hours of labor to produce 1 pencil; 2. indonesia requires 2 hours of labor to produce 1 pound of rice and 4 hours of labor to produce 1 pencil; 3. each country has 10,000 hours of labor to allocate between the production of rice and pencils; and 4. in autarky, malaysia consumes 5,000 pounds of rice and 2,500 pencils. which country has an absolute advantage in rice production? in pencil production? which country has a comparative advantage in rice production? in pencil production? will trade between the two countries be mutually beneficial?

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ