This allows individuals to own their creativity and innovation in a way similar to owning physical property.

a) Intellectual property

b) Open source license agreement

c) Economies of scale

d) Intellectual capital

e) Patents

What is the primary disadvantage of outdoor advertising? it provides low flexibility it permits low repeat exposure it provides poor positional selectivity it provides little audience selectivity?

What is the best strategy to avoid paying interest on your credit cards?

If the government and Central Bank don't use economic policy, what could happen?

The variety of Riverside Ranger logo T-shirts includes 12 different designs. Setup between designs takes one hour (and $18,000), and after setting up, you can produce 1,000 units of a particular design per hour (at a cost of $8,000).

E. e. schattschneider believed that the sometimes narrow focus of interest groups is

Sunshine's Organic Market sells organic produce. Assume that labor is the only input that varies for the firm. The store manager has determined that if she hires 12 workers, the store can sell 300 pounds of produce per day.

A product is considered to be rivalrous if A) Your consumption of the product reduces the quantity available for others to consume. B) It is jointly owned by all members of a community.

According to the Fisher effect, if the "real" rate of interest in a country is 3 percent and the expected annual inflation is 8 percent, what would the "nominal" interest rate be

based upon the current ratio, how would creditors or lenders feel about the liquidity of the buisness? why?

What effect do you think seasonal demand might have on the price of goods? Explain why.