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We suggested above that an annually increasing renewal fee would be an efficient means of setting optimal patent life. Similarly, suppose that owners who wanted to restrict future use of their property had to pay a fee for each year that the restriction runs. For example, if my will stipulates that Blackacre should be used exclusively as a residence for 100 years, then I would have to make provision in my will to pay the state for each year that the restriction runs. In effect, the state deducts an annual fee from a bequest for a testator who desires to impose posthumous restrictions on property for a specified number of years. At what level would you set such a fee? Would it be the same for all types of conditions and all types of property? Is such a fee more efficient than the rule against perpetuities?
A sample of human resource executives was asked how their company planned to change their work force over the next 12 months. a categorical response variable showed 3 options: add employees, no change, lay off employees. Another categorical variable ..
Which of the following is not part of the index of leading economic indicators?
Explain why net exports and net capital outflow are always equal. Explain why higher real interest rates lead to lower net capital outflow.
Calculate the trade balance among the U.S. also China for the period. Analysis by using appropriate examples.
Assuming oranges operate in a perfectly competitive market, use a well-labeled demand and supply model to explain how market equilibrium price of oranges is determined.
Conclude how fixed and variable costs should be adjusted to maximize profit and identify methods to reduce costs.
How much has the growth in international trade impacted your company, or industry? Has the devaluation of the U.S. dollar impacted your company, or industry? Explain.
Suppose Jane has a one third chance of becoming disabled in any given year. If she does become disabled, she will earn $0. If Jane does not become disabled, she will earn her usual salary of $60,000. Jane has the opportunity to purchase disability in..
Economic laws are established in order to make successful prediction of the outcome of human action.
q1. how are protectionist policies from other countries predicted to affect chinas relative supply and relative
q.government budget constrainta write the governments lsquolifetime budget constraint assuming its lifetime is just
How do the GDP per capita change after accounting for price indices. Why is it important to use price index adjustments.
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