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Economics
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31 Oct 2020

10. A company decides to use a logo that has the same shape as its competitor but with a different color. It is a violation of:

a. Copyrights

b. Trademark

c. Patent

d. Industrial designs

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Related questions

9. A singer wishes to assign the rights to reproduce a video she has made of her concert. She must file for a/an ____________ of her product.

a. copyright

b. trademark

c. patent

d. industrial designs

2. For a psychological experiment (it pays $6 per hour) you're given a choice of two designs to color. The first one has 4 different regions, and the second has 2 different regions; in whichever one you choose, each region must be shaded a different color. For the first design you would have 10 different crayons to use for coloring; for the second design you would have 6 different colored pencils to color with. How many different out comes are possible for this experiment? (a) C(10,4). C(6,2) (b) C(10,4) + C(6,2) (c) C(16,6) (d) 610 (e) P(10.4). P(6,2) (f) P(10,4) + P(6,2) (8) P(16,6) (h) 210

1. In oligopoly markets, firms maximize their profits when:

a. at point on the short-run marginal cost curve.

b. marginal revenue equals marginal cost.

c. long-run average cost of production starts to decline

d. the short-run average cost curve is at its minimum level.

2. Graphically, competitive market supply is measured by the:

a. vertical difference of competitor demand curves.

b. vertical sum of competitor demand curves.

c. horizontal difference of competitor MC curves.

d. horizontal sum of competitor MC curves.

3. In the short run, the:

a. firm has complete flexibility with respect to input use.

b. availability of all inputs is fixed.

c. operating period is longer than the planning period.

d. availability of at least one input is fixed.

4. In oligopoly markets, the market demand curve is:

a. upward sloping.

b. downward sloping.

c. horizontal.

d. vertical.

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