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What is the basis of international law in general and international dispute settlement and the rule of law that apply to intellectual property? What can be done to protect intellectual property from piracy in the global marketplace? Are the current efforts of the United Nations and the WTO effective in protecting intellectual property rights in the international marketplace? Why or why not?
In an oligopoly game, the incentive to cheat is reduced when:
The manager of a corporate division faces the posibility of an audit every year. She prefers to spend time preparing if she will be audited; otherwise, she would prefer to invest her time elsewhere.
Calculate the breakeven value at the low price of the data item that you consider most likely to be unreliable.
Suppose that changes in technology cause individuals to demand lower money balances for every nominal interest rate. Suppose the Fed does not adjust the money supply in response. Investigating first the money market and then tracing the effects to th..
Suppose the store manager observes that the quantity demanded increases from 700 CD players to 1,300 CD players. Illustrate what is the price elasticity of demand for CD players.
Suppose we are at steady state in the Solow Model. Suddenly we have a significant technological advance. Show, using properly labeled graph(s), how this improvement in technology affects the steady state levels of income per worker, consumption per w..
You borrow $42,000 and repay the loan with 6 equal annual payments. The first payment occurs one year after receipt of the $42,000 and you pay 8% annual compound interest. What is the payment size when interest is 8% compounded monthly, and monthly p..
What is the difference between currency forwards and currency futures?
According to the quantity theory, money in the long run affects: According to the principle of monetary neutrality: When inflation turns out to be higher than expected, borrowers will be ________ off, and lenders will be ________ off. The quantity th..
What are the characteristics that define incremental/do better innovation, radical/do different innovation, and existing frame/new frame innovation? Which innovation activity is the most risky, and why?
Master's Cleaners' average variable costs consist of $.70 of direct labor, $.30 of direct materials, and $.50 of other variable inputs. If it has fixed costs of $1,000, what level of output is required at a price of $2 to generate $500 in profits?
A demand function is given by the equation q=120-2p, suppose the price is P=10. Must find three things: When the price is P=10, what is the quantity? The total revenue at this point is? The price elasticity of demand at this point is?
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