You have a friend who is a potter. He holds a permanent patent on an indestructible teacup

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You have a friend who is a potter. He holds a permanent patent on an indestructible teacup whose sale generates $30,000 a year more revenue than production costs. If the annual interest rate is 20 percent, what is the market value of his patent? LO4

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Principles Of Microeconomics

ISBN: 9780073362663

4th Edition

Authors: Robert H. Frank, Ben S. Bernanke

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Question Posted: Nov 07, 2024 04:00 AM

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You have a friend who is a potter. He holds a permanent patent on an indestructible teacup

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Principles Of Microeconomics

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