Suppose the government grants an individual or company the exclusive right to intellectual property. In this case, the government is granting a Which of the following is not likely covered by a copyright? OA. A piece of poetry. OB. Architectural drawings. C. A photocopier. OD. A new song.
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- How is a patent obtained? Select one: O a. automatically O b. register a grant application with USPTO O c. by putting idea out to the public O d. by adding a "tm" to itGive explanation whether the statement is true or fals e don't upload any graph for explanation please and get like. Hand written solutions are strictly prohibited.Which if the following is not one of the 3 types of Intellectual Property protection? Select one: O a. copyright. O b. patent. O c franchise. O d. trademark.
- How is intellectual property different from other property?If the transit system were regulated to provide the most allocatively efficient quantity of output, what output would it supply and what price would it charge? What subsidy would be IIECESSEIIY to insure this efficient provision of transit services?If Congress reduced the period of patent protection from 20 years to 10 years, what would likely happen to the amount of private research and development?
- Some years ago. two intercity bus companies, Greyhound Lines, Inc. and Trailways Transportation System, wanted to merge. One possible definition of the market for this case was the market for intercity bus service. Another possible definition was the market for intercity transportation, including personal cars, car rentals, passenger trains, and commuter air flights.' Which definition do you think the bus companies preferred, and why?PHYSICAL RESOURCES REFER TO BRANDS, PATENTS, AND COPYRIGHTS. a. True b. FalseAre you allowed to copy anything that's in Wikipedia because it's an online encyclopedia? O Yes, encyclopedias are considered fair use O No, you must cite all sources
- 1. A regulator is charged with determining the length of a patent on new intellectual property, a song. If the regulator approves the patent for a relatively long duration, what is likely to happen? a Consumers will have broader access to the song. b The song's price will be relatively low for longer. c Artists will be more encouraged to produce new songs in the future. d The songwriter will earn lower royalties from the song.Prior to 1995, Thad only one beer producer a government-owned monopoly called Tawan Bear Suppose that while it was a monopoly. The company was un in a way to maximize peolt for the government. That is assume that it behaved like a private, pro maximizing monopolist Assuming demand and cost conditions are given on the following diagram, at what we would Taiwan Bear have targeted output and what price would it have charged Now suppose that while it was a monopoly Tewan Beer decided to compete in the highly competitive American market Assume further than maintained import barriers so that American producers could not sat in Taiwan but that they were not immediately reciprocated Assung Tan Beer could set all that it could produce in the American market at a price P Pund the wing given Q nalou oldi Tang The new price in Taiwan after the The output sold in the US is given by 0-0, Ta progiven by the re A P OF P OP by O market openss Price ($) P₂ MR Quantity MC AC PU.S. DrinCape Town and Durban were first developed in the 17th and 18th centuries as trading posts on theshipping route between Western Europe and Asia. During the 19th century, this role changed withthe discovery of diamonds and gold in the interior. The port cities developed from being stop-overand service points providing shipping services, to being ports through which commodities weretraded.”The change in the that occurred in the Durban and Cape Town ports during the 19th century is best explained by…a) A movement along the production possibilities frontier.b) A movement towards the production possibilities frontierc) An outward movement of the production possibilities frontierd) An inward movement of the production possibilities frontier