Question

In: Economics

If you found a prototype of a revolutionary new mobile phone lying on a public bench,...

  • If you found a prototype of a revolutionary new mobile phone lying on a public bench, what would you have done with it? What would be the consequences of your chosen action?
  • Does the value of a parcel of land come only from the profits it can generate? If not, what makes land valuable? Does it have an “inherent” value that has nothing to do with human profit?
  • How is intellectual property a true form of property? Do you think it is appropriate for governments to protect intellectual property just like any other form of property? Explain your answer.

Solutions

Expert Solution

Rahul Sunny answered 2 years ago
Next > < Previous

Related Solutions

If you found a prototype of a revolutionary new mobile phone lying on a public bench,...
If you found a prototype of a revolutionary new mobile phone lying on a public bench, what would you have done with it? What would be the consequences of your chosen action? Does the value of a parcel of land come only from the profits it can generate? If not, what makes land valuable? Does it have an “inherent” value that has nothing to do with human profit? How is intellectual property a true form of property? Do you think...
A research found that 45% of Wawasan College’s students used mobile phone. If a sample of...
A research found that 45% of Wawasan College’s students used mobile phone. If a sample of 200 students is selected at random, find the probability of the proportion of students used a mobile phone are less than 80?
Conch Republic spent $750,000 to develop a prototype for a new smart phone that has all...
Conch Republic spent $750,000 to develop a prototype for a new smart phone that has all the features of the existing one but adds new features such as wifi tethering. The company has spent a further $200,000 for a marketing study to determine the expected sales figures for the new smart phone. Conch Republic can manufacture the new smart phone for $205 each in variable costs. Fixed costs for the operation are estimated to run $5.1 million per year. The...
Conch Republic spent $750,000 to develop a prototype for a new smart phone that has all...
Conch Republic spent $750,000 to develop a prototype for a new smart phone that has all the features of the existing one but adds new features such as wifi tethering. The company has spent a further $200,000 for a marketing study to determine the expected sales figures for the new smart phone. Conch Republic can manufacture the new smart phone for $205 each in variable costs. Fixed costs for the operation are estimated to run $5.1 million per year. The...
Conch Republic spent $750,000 to develop a prototype for a new smart phone that has all...
Conch Republic spent $750,000 to develop a prototype for a new smart phone that has all the features of the existing one but adds new features such as wifi tethering. The company has spent a further $200,000 for a marketing study to determine the expected sales figures for the new smart phone. Conch Republic can manufacture the new smart phone for $205 each in variable costs. Fixed costs for the operation are estimated to run $5.1 million per year. The...
Oppu is trying to design and launch a new mobile phone to the market. The average...
Oppu is trying to design and launch a new mobile phone to the market. The average selling price of competitors’ phones is $1,200 per handset. Oppu believes that consumers will be willing to buy the new phone at 10 percent below the market price. However, after getting the quotation from its Supplier X, Oppu still faces a cost gap of $200 as it has planned to make a 15% percent profit for the new product. (a) Based on the given...
You have been consulted by the mobile phone company Hookup about a new augmented reality product...
You have been consulted by the mobile phone company Hookup about a new augmented reality product called “Brows”. They want to develop an alternative to Google Glasses, which, you recall, is a proposed new product which plans to superimpose a whole range of wireless Google services over the user’s ordinary vision of the world. These appear in little circles and ovals, and let you phone people, take photographs, navigate across cities and inside buildings, find shops and update your social...
T-Mobile offers a new cell phone for free with a 2-year $66.27/month contract. Alternatively you can...
T-Mobile offers a new cell phone for free with a 2-year $66.27/month contract. Alternatively you can purchase the phone outright and pay $50.65/month for a service-only contract. If the annual interest rate is 5.6%, how much are you paying for your phone when you sign the two year agreement (rounded $ to two places after the decimal)?
You have been assigned a case that needs mobile forensic analysis. A mobile is found from...
You have been assigned a case that needs mobile forensic analysis. A mobile is found from the suspect’s office, and it might have critical information related to the case. a) Discuss the information that can be retrieved from this mobile’s SIM card. b) Illustrate the general procedure to access the content on this mobile phone SIM card. c) Explain measures to validate data on this mobile.
7) You are trying to decide between two mobile phone carriers. Carrier A requires you to...
7) You are trying to decide between two mobile phone carriers. Carrier A requires you to pay $200 for the phone and monthly charges of $60 for 24 months. Carrier B wants you to pay $100 for the phone and monthly charges of $70 for 12 months. Assume you will keep replacing the phone after your contract expires. Your cost of capital is 3% APR, compounded monthly.
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT