"Thanks to the patents that we have filed over the past decade, we have been able to exclusively market our new technologies at premium pricing. And premium pricing has been critical to our success because our technologies have been very expensive to develop," said Karen. What is Karen's message about patents and copyrights?

A. Her company has not gained value from legal counsel due to a patent lawyer's high hourly rates.
B. Patents have allowed her company to recoup the costs of their investments in technologies.
C. Her company's technology development costs cannot be justified.
D. Exclusive marketing requires patent protection.
E. Piracy and fakery of her company's technologies render patent protection worthless.


Answer: B

Business

You might also like to view...

A firm that faces problems of falling sales and excess productive capacity might resort to international dumping if it

a. can charge higher prices in markets that are elastic to price changes. b. earns revenues on foreign sales that at least cover variable costs. c. can sell at that price where domestic and foreign demand elasticities equate. d. is able to force foreign prices below marginal production costs.

Business

Costs that remain constant over a range of production and then abruptly change include:

a. unexpected costs. b. step-variable costs. c. semifixed costs. d. curvilinear costs.

Business

Recently, some cable networks such as TBS and TNT have been using compression technology to speed up the transmission of programs and allow more time for commercials, which is adding to the ________ problem.

A. shaping B. clutter C. quantitative D. impact E. positivity

Business

Photographic words are good for

A) Factual, objective technical descriptions. B) Subjective, sales-oriented descriptions. C) None of the above.

Business