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The business signs a ten-year contract with the inventor of a secret process that it will use in its manufacturing operations. As an incentive to agree to the contract, the business immediately pays the inventor $1,000,000. In addition, the business agrees to pay the inventor a royalty equal to five percent of its sales revenue from these products over the next ten years.
a. What entry should be made for the initial payment to the inventor?b. What adjusting entry should be made one year later?
q.consider total cost and total revenue given in the table belowquantity 0 1 2 3 4 5 6 7total cost 8 9 10 11 13 19 27
How disparate are returns if you win. As disparity increases => marginal benefit increases. Which of these two explanations is correct.
Movies are distributed in a variety of forms, not just first run theatrical presentations. What other ways are movies distributed. What are the different price points.
A major employer in a small town announces upcoming major layoffs of employees. What should we expect to happen to the consumption functions of the affected employees.
Illustrate what are the benefits also the costs. Under Illustrate what conditions would you advocate for trade restrictions.
Now looking at this scenario, would company rather increase wages slightly, not so much that it will decrease profits, but to a point where productivity may rise higher than what was originally given to employees.
q1. since the gdp is a total market value of final goods and services produced within a country over time. why is this
Estimate aggregate consumer and producer surplus before quota. Estimate new consumer and producer surplus after quota.
The university bookstores received 4 million euros from students in exchange for the books. Illustrate what is the total contribution to GDP from the above events.
How does a government budget surplus affect the U.S. economy? Identify two periods in recent history in which the United States has run budget surpluses. What were the reasons for the surpluses during those time periods?
q. suppose a government has no debt and a balanced budget. suddenly it decides to spend 1 trillion while raising only
Using the midpoint method the price elasticity of Demand for a good is computed to be approximately
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