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1) List at least three differences between a patent and a trade secret according to Chernoff, Vilhauer, McClung & Stenzel.
2) According to the Judicial Education Center, what are five defenses to a breach of contract claim. Provide examples of each.
3) Jim wants to sell his car to his friend Marsha. Describe what elements would need to be present in order to have a valid contract, according to the Judicial Education Center. Would this contract fall under the UCC? Why or why not?
Assume that the demand for plastic surgery is price inelastic. Are the following statements true or false? Explain your answer for full credit. When the price of plastic surgery increases, the number of operations decreases.
Which of the following events may increase labor supply? Check all that apply.
Describe a market situation in which the operating company faces economic difficulties and need to cut costs. What cost cutting strategies may the operating company employ to remain profitable?
What will price and ouput be if there is no dominant firm Now assume that there is a dominant firm, whose marginal cost is constant at $6. Derive the residualdemand curve that it faces and calculate ots profit-maximizing output and price.
In article 2.6 in Dollars & Sense, current research reveals that minimum wage is not set too high! In keeping with your reading of Mankiw's ch. 6, what does this mean in terms of minimum wage being a price floor?
Verify Leibniz rule for differentiation under the integral sign for the following function 2x^2+3xy+3y^2
Suppose you run a manufacturing business that is involved in manufacturing and selling a single product. The fixed cost to run the business is $15,000 and the constant marginal cost is $7.50 per unit. The sale price of your product is $15 per unit.
What is the trade weighted average tariff for your country for its total imports, as well as for its agricultural and non-agricultural imports - product categories in which the country has a comparative advantage?
the abc company is a small manufacturing company operating in a highly competitive industry. you are employed by the
assume that you have been appointed as the speaker of the house. you must deliver a speech about the current state of
(a) What marketing research did Vivian Callaway execute (b) What were the critical questions that she sought research and expert advice to get answers to (c) How did this affect the products marketing mix price, promotion, packaging, and distributi..
Imagine that you work for a midsize manufacturing firm as an accountant. You have just received a promotion that requires you to move across the country. Since this promotion comes with a hefty raise in salary (you will now make $85,000 a year), you ..
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