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1 year ago

The idea for "price profit," an app that businesses can use to track their revenue, profit, and payroll, is protected by

Business

2 answers:

egoroff_w [7]1 year ago

7 0

Answer: Copyright law

Copyright is security for tangible aspects of an idea. It is intended to give the creator of something original the ability to use and make money from it, without others being able to use it themselves. There are a number of limitations that do allow for a widespread use, they protect the derivatives of an idea also called intellectual property. Copyright tends to cover literary and artistic work e.g. books, movies. To get a better idea copyright is the reason you just can’t print and sell harry potter books or download pirated movies

Since the "price profit" app is an idea it is protected by the copyright law.

kompoz [17]1 year ago

3 0

I guess it would be protected by the copyright law since it's an "idea" for price profit app.

Patents refer to an invention, whereas copyrights refer to the expression of an idea, such as an artistic work. A trade secret is a formula, practice, process, design, instrument, pattern, commercial method, or compilation of information not known to the public and gives the business owning it a competitive advantage over its investors.

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Label demand as elastic, unit elastic, or inelastic for each scenario. Use the midpoint method when applicable to calculate the

oksian1 [2.3K]

Answer:

Contain Yourself!, a plastic container company, raises the price of its signature Lunchbox container from $3.00 to $4.00 . As a result, the quantity sold drops from 20,000 to 15,000 = unit elastic
Economists working for the United States have determined that the elasticity of demand for gasoline is 0.5 = inelastic
Capital Metro decides to increase bus fare rates from $2.00 to $2.21 . Consequently, the number of passengers who decide to take the bus in Austin drops from an average of 70,000 riders a day to an average of 61,000 riders a day = elastic

Explanation:

The demand for unit elasticity is an intermediate situation between an elastic and an inelastic demand curve, in which the price elasticity is equal to one, which means that given variations in the price, the total income does not change (price per quantity). Eslasticity=1
Demand is inelastic when the percentage variation of the quantity demanded is less than the percentage variation of the price. Elasticity less than 1
Elastic demand is when a small variation in the price causes a more than proportional change in the quantity demanded. Elasticity more than 1

7 0

2 years ago

Thurman Corporation issued 450,000 shares of $.50 par value capital stock at the date of incorporation for cash at a price of $4

m_a_m_a [10]

Answer:

b) $225,000

Explanation:

Common Stock ($0.50 x 450,000) $225,000

Discount on capital (($4-$0.5) x 450,000 $1,575,000

Retained Earning ( $100,000 - $40,000 ) $60,000

Total Equity $1,860,000

Shares are recorded in the common stock account at the par value. Difference of $4 and $0.5 is recorded as add in capital excess of par common shares.

8 0

2 years ago

At the end of the day, the cash register's record shows $2,050, but the count of cash in the cash register is $2,058. the correc

pishuonlain [190]

The correct entry to record the cash sales is

Debit Cash $2058
credit Cash Over and Short $ 8
credit Sales $2050

The cash over and short will record the amount of cash that is not recorded during the initial transaction. Almost all stores experience cash over and short daily, and usually will be taken monthly from an account set aside by the stores to cover the mistake by its employees.

8 0

1 year ago

Match each effect with the correct type of trade barrier

Alex

Answer: i got you

Explanation:

standards= C

Quotas= B

Embargoes= A

5 0

1 year ago

Read 2 more answers

Spartan Corporation, a U.S. corporation, reported $2 million of pretax income from its business operations in Spartania, which w

AVprozaik [17]

Answer:

A. = (15% X $2M) + (21% X $2M) = $720,000. Since there is no mechanism for mitigating double taxation, the branch profit will be taxed on the to tax rate of 15% and 21% which is $300,000 and $420,000.

B. The total tax for $2m branch profit if US corporations can remove foreign based profit from US taxation will be just the 15% x $2m = $300,000.

C.If they are allowed to take deductions for foreign income taxes, the total tax on the $2m branch profit will be (21% -15%) x $2m = $120,000.

Explanation:

D.1. If credit are allowed for foreign income tax paid, total tax will be ($2m - $300,000 been foreign tax paid) x 21% = $357,000

D.2.

If the charge foreign income taxes at 30% and US corporations can claim refundable credit for foreign income tax paid on foreign source income = ($2m - $300,000 been the foreign income tax paid) = $1 700,000 x 30% = $510,000

6 0

1 year ago