In a significant decision regarding patent eligibility, Alice Corp. v. CLS Bank International, the U.S Supreme Court in June 2004 effectively raised the bar for software patents by declining a patent on the grounds that implementation of claims based on abstract ideas were not patentable. The period from 2008 to 2013 had witnessed a doubling […]

Which of the following markets are likely to be perfectly contestable? Explain your answers. a. Coal miningb. Insurancec. Wind Farmsd. Landscapinge. Advertising

Assume that you are in the business of providing medical insurance. You have analyzed the market carefully, and you know that at a price of $6,000 per year, you will sell 40,000 insurance policies per year. In addition, you know that at any price above $6,000, no one will buy your insurance policies because the

In 2007 Canadian authorities opened an investigation over allegations that major players in the Canadian chocolate market, including Nestle, Hershey, Mars and ITWAL conspired to fix prices and stifle competition by effecting coordinated price increases. Research the economic and legal details of this case and identify major decisions from 2007 to the present.

What is the Cournot model? How does the output decision in the Cournot model differ from the output decision in a monopoly? T-Mobile is the fourth-largest wireless communication provider in the United States, behind Verizon, AT&T, and Sprint. In an effort to differentiate themselves from their three larger competitors, T-Mobile was the first major company

Suppose we have an industry with two firms producing the same product. Acme Corporation produces 19,000 units, while Zoltar Corporation produces 1,000 units. The price in the market is $20, and both firms have marginal costs of production of $5. What incentives do the two firms have to lower prices as a way of trying

1. Why is flagellar structure often referred to as exhibiting “9+2 configuration” and “ninefold symmetry”? What are some of the key structural units involved in the structure referred to by these labels?2. To what extent does variation in flagellar structure and function occur? Note that phylogenetics and environment may each exert influences on varieties observed.

Using the Discussion Board Rubric listed below as a guide, develop a well-thought-out original response by defending the value of cultural competence in the workforce and in the community. Value of cultural competence:Practices that maximize ability of employee This week we explore cultural competence in the workplace. Be sure to answer both parts in your

As cities go, Las Vegas is about as “over-the-top” as is imaginable. Where else in the world can you find a 350-foot tall glass pyramid, a half-scale replica of the Eiffel Tower, a fire-spewing volcano, and patrons being serenaded in Italian while riding in authentic Venetian gondolas, and all of this along one street, Las

If one were to do a research on olive oil and its producers around the world, they would come up with many varieties and producers of olive oil. Carry out such a search for Greek olive oil from Greece, considered to be the third leading producer of olive oil in the world. Do you expect