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Author Question: _____ allow exclusive use of an identifier, such as a brand name, and can be renewed indefinitely. ... (Read 73 times)

joesmith1212

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on: Jun 30, 2018
_____ allow exclusive use of an identifier, such as a brand name, and can be renewed indefinitely.
 a. Patents
  b. Trademarks
  c. Copyrights
  d. Licenses

Question 2

For a monopolist with a linear demand curve, total revenue is maximum when:
 a. marginal revenue is positive.
  b. marginal revenue is at its maximum.
  c. the price elasticity of demand is greater than unity.
  d. the price elasticity of demand is equal to unity.
  e. marginal revenue is at its minimum.


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prumorgan

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

d


joesmith1212

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Reply #2 on: Jun 30, 2018
Thank you


prumorgan

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Reply #3 on: Jun 30, 2018
No problemo


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