Answer - Option D
Illegal under most patents
The use or the modification of technology which has already been developed by one will be illegal under the patent law. It will not be spillover because it is not given that the benefits are spread in the industry. Espionage refers to the intention of stealing the information. Hence the other options are wrong. Option D will be correct
When innovations by one firm are quickly emulated and improved on by rival firms in the...
Technology spillover is one type of: o negative externality. producer surplus. subsidy. o positive externality. Technology spillover occurs when: the government subsidizes firms engaged in high-tech research. a firm passes the high costs of technical research on to society through higher prices. copyright laws prohibit firms from profiting from the research of others. a firm's research yields technical knowledge that is used by society as a whole. Which of the following is the most effective way to internalize a technology...
Suppose that a company based in Dallas, Texas, initially confronts only four other rival firms. Its own market share is 30 percent, which ties it with the other largest producer and seller in the industry. The market share of each of the other three firms is 13.33 percent. Then a sixth firm, located in Cleveland, Ohio, enters the same industry. The new firm captures 6.67percent market share, and the market share of one of the smallest three original incumbents declines...
A natural monopoly exists when: a few firms collude to make one large firm. economies of scale provide large cost advantages to having one firm produce the industry's output. firms naturally maximize profit regardless of market structure. firms enter the industry as a result of profit incentives.
two firms in the same industry sell their product at 20$ per unit but one firm has tfc=200$ and avc=12$ while the other has tfc=600$ and avc's=6.66$ a. determine the breakeven output of each firm. why is the breakeven output of the second firm larger than that of the first firm ? b. find the degree of the contribution margin for each firm at profit= 1200 for the first firm and at profit =1400 for the second firm
4. Consider two firms with identical fixed costs, but different variable costs (for example, one firm has access to cheaper inputs or is located closer to the point of sale than the other): c. (g) = 625+q and MC,-1 and G (9)-625 + 492 and MC,-89 Find average total, average fixed and average variable cost functions for the two firms a) b) Find the minimum efficient scale of each firm average cost at MES (Hint: Use MC ATC rule). Which...
When one firm sells its pollution permit to another firm, a. both firms benefit. 0 b. the total amount of pollution remains the same. 0 1 c. the total amount of pollution decreases. 0 d. Both a and b are correct. 0 0
Under a tradeable permit system, when one firm sells its pollution permit to another firm, the total amount of pollution remains the same. the total amount of pollution decreases. the total amount of pollution increases. O Both a and b are correct. both firms benefit.
There are two firms, Cope and Peski, in an oligopolistic industry. Each firm must decide whether or not to advertise during the Super Bowl this year. The diagram below represents the matrix of expected profit payoffs for each firm depending on which of the four possible outcomes becomes reality. The first number in each cell represents the expected profit for Peski given the relevant combination of strategies for each firm. The second number in each cell represents the expected profit...
The table below is the payoff marrix for a simple two-firm game Firms A and B are bidding on a government contract and each f's bid is not known by the other form. Each firm can bid other $14.000 or 55.000 The cost of completing the project for each firm is 53.000 The low bid firm will win the contractat its stated price the high dem wilgot nothing the two bids are equal, the two firms wil split the price...
EC202-5-FY 10 9Answer both parts of this question. (a) Firm A and Firm B produce a homogenous good and are Cournot duopolists. The firms face an inverse market demand curve given by P 10-Q. where P is the market price and Q is the market quantity demanded. The marginal and average cost of each firm is 4 i. 10 marks] Show that if the firms compete as Cournot duopolists that the total in- dustry output is 4 and that if...