| | Answer Key: C | | | Question 2 of 10 | 10.0 Points | When we are forced to make choices we are facing the concept of: | | A.ceteris paribus. | | | B.free goods. | | | C.scarcity. | | | D.the margin. | | Answer Key: C | | | Question 3 of 10 | 10.0 Points | An economic system is the set of rules that define _______ and _______ .
The Value of Copyright CONTENTS � 1.0 Overview � 1.1 The General Concept of Copyright � 1.2 Copyright Law � 1.2.1 Copyright Laws Enforcement � 2.0 Cultural Value of Copyright � 2.1 Initial Copyright � 2.1.1 The Communication Market � 2.2 Estimate the Cultural Value of Copyright � 2.2.1 Three Shifts of Copyright � 2.2.1 Enlarged and Capitalized Enterprises � 2.2.3 Reliable Market Platform � 2.2.4 Satisfied the Mass Market CONTENTS � 2.2.5Uniform International Trade � 3.0 Economic Value of Copyright � 3.1 Economic Value of Music Industries � 3.2 Economic Value of Film and Screen Industries � 3.3 Influence of Piracy � 3.4 copyright-based Industry to the National GDP � Conclusion 1.0 Overview The development of digital technology has led to the expansion of copyright content. Creative industries has been afforded various consideration in the worldwide. When the copyright law was firstly expressed in England in 1709, it has caused wide public concern in many places of world. (p50) While it is certainly crucial to protect intellectual property of creative contents, the series of debates has been aroused around the degree of protection since the copyright enacted. Today, almost all things are copyrighted when they are produced out.
Currency risk- if unexpected changes in currency values affect the value of the firm 4. Identify and describe the ways in which a US company can participate in international commerce. 5. The price of a currency forward contract is determined by the relationship between interest rates of the two countries in question and the time period covered by the contract. Is this statement exactly true, partly true or false?
The four fundamental factors that affect the cost of money are production opportunities, time preferences for consumption, risk, and expected inflation. k. What are some economic conditions (including international aspects) that affect the cost of money? Some economic conditions are budgets deficits, federal reserve policies, budget surpluses, level of business activity and international trade deficits or surpluses. The international aspects are country risk and exchange rate
Supply curve extends from intersection of x- and y-axes up and right, crossing Demand. Dashed line Supply 1 runs parallel to the right of Supply curve, also crossing Demand curve. Q marks the point where Supply and Demand intersect. Q1 marks the point where Supply 1 and Demand intersect. © 2007 Mtfernandes Creative Commons Attribution-Share Alike 3.0 Unported, and Creative Commons Attribution-Share Alike 2.5 Generic license The supply and demand curves reflect the availability and cost of a new gaming system.
Copyright, a form of intellectual property law protects original works of authorship including literary, dramatic, musical, and artistic works, such as poetry, novels, movies, songs, computer software, and architecture. As stated by the author “Copyright is how the U.S. government provides authors with certain rights to original works that they have written.” (Quinn, Pg. 168). Copyright does not protect facts, ideas, systems, or methods of operation, although it may protect the way these things are expressed. Copyright protects original works of authorship.
Cui xin yuan Case 11 -1 Polluter Corp Objectives: the appropriate classification in the statement of cash flows for the company’s purchase and sale of Emission allowances Accounting pronouncement: ASC 230 -10 statement of cash flow ASC 350 -30 -25 -3 General Intangibles Other than Goodwill Question 1: What is the appropriate classification in the statement of cash flows for the company’s purchase of Emission Allowances? The recognition of intangibles is defined under ASC 350 -30 -25 -3[Costs of internally developing, maintaining, or restoring intangible assets that are not specifically identifiable, that have indeterminate lives, or that are inherent in a continuing business or nonprofit activity and related to an entity as a whole, shall be recognized as an expense when incurred According to case, Upon receipt of the EAs, the Company recorded the EAs as intangible assets with a cost basis of zero, in accordance with The Federal Energy Regulatory Commission (“FERC”) accounting guidance for EAs. And To meet its need for additional EAs in fiscal years 2010–2014, on April 2, 2010, the Company spent $3 million to purchase EAs with a vintage year of 2012 from Clean Air Corp Acquiring of emission allowances means that Polluter Corp. had to buy allowances from another company. The emission allowances re regarded as tangible assets with zero cost basis. because the Emission and the cost of emission allowances have indetermination lives and inherent in a continuing business , the emission allowance is recognized as expense when incurred.
c. Suppose government imposes a tax equal to the marginal external cost. What is the equilibrium price paid by consumers and the equilibrium quantity after implementation of the tax? d. At the output level in part (c), how much is the tax? e. How much tax revenue does government collect? f. What is the deadweight loss borne by society if the externality is left uncorrected?
Thus demonstrating interdependency between the affluenza of consumerism culture and capitalistic economic growth. Response It is an accepted assumption that Consumerism (a social fascination with the acquisition of commercial goods) is a cornerstone of Capitalism. Just as Clive Hamilton suggests in the title of his institutional critique of the neo-classical assumptions of consumer sovereignty and rationality, Consumer Capitalism, he argues that the economic system is dependant on consumerist practices. Similarly Robert Heilbroner’s classical political economic analysis of the Ideology of Capital, via Marxist framework, demonstrates that a change in attitudes toward the ‘acquisition’ of capital and commodities is what allowed the bourgeoisie to realise themselves to be the dominant class and thus spur the development of a socio-economic system based on commodification to emerge. However other economists and socialists argue that the desire to consume an ever-increasing amount of commodities is one of man’s intrinsic values rather than the base of an economic system, it is his ‘hedonism unchained’ (Megone 2007).