Question

In the appropriability of rents, if the cost of replication is high, and intellectual property rights...

In the appropriability of rents, if the cost of replication is high, and intellectual property rights are _______, you have weak appropriability.

a) Tight b) Loose c) Flexible d) Redoubled

ANSWER:

Changing ____________ can dramatically alter the costs of replication of intellectual creations, as in the case of Napster.

a) People b) Tastes c) Technology d) Management

ANSWER:

What must you do to claim a copyright?

a) File with the government b) You can claim it even if you do not file with the government c) File with local government d) File on your income tax

ANSWER:

Contracts are entered into to induce _______, which refers to a change in behavior by a party.

a) Assurances b) Reliance c) Common law d) Exchanges

ANSWER:

What are torts?

a) Civil rights b) Civil wrongs c) Civil damages d) Private wrong through public statute

ANSWER:

What branch covers products liability?

a) Common law of justice b) Common law of torts c) Common law d) Common law of statutes

ANSWER:

Business   Operations-Management   
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Homework Answers

Answer #1

Experts are only allowed to answer 4 questions at a time, please do not downvote. :)

a) Loose: If the costs of replication is high and intellectual property rights are loose, then it means that the appropriability you have is a weaker one.

b) Technology: Out of all the options, changing the technology can alter or change the costs of replication for the intellectual properties.

c) You can claim it even if you do not file with the government: The copyrights can be claimed even if you do not file with the government to claim the same as in the US you have the copyright automatically you create something on your own.

d) Assurances: Contracts are entered to induce the assurance which is a promise that has to be perform by the other party in a certain manner.

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