Because colgate owns patent number 5,547,091, only colgate sells toothpaste with a flip-top cap, while others use the more traditional screw top. a patent probably wasn't a necessary incentive for colgate to develop the flip-top cap, so why did it patent the cap? to increase consumer demand for toothpaste to establish market power to decrease fixed costs to decrease the marginal cost of production

Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.

Consider the labor market for computer programmers. during the late 1990s, the value of the marginal product of all computer programmers increased dramatically. holding all else equal, what effect did this process have on the labor market for computer programmers? the equilibrium wagea. increased, and the equilibrium quantity of labor decreased. b. decreased, and the equilibrium quantity of labor increased. c. increased, and the equilibrium quantity of labor increased. d. decreased, and the equilibrium quantity of labor decreased.

Which of the following statements is true about an atm card?