Examlex
Explain the meaning of the following statement: "Industrial designs cannot be registered for designs that are purely functional in nature." Using a running shoe as an example,describe an element that can be registered as an industrial design and an element that cannot.
Average Total Cost
The total cost of producing a given quantity of output divided by that quantity, representing the per unit cost of production.
Operate
To control the functioning of; to manage and direct the operations of a system, process, machine, or organization.
Shut Down
The temporary or permanent cessation of operations, typically referring to businesses closing due to economic difficulties or other factors.
Business
Business refers to the organized efforts of enterprises to produce and sell goods and services for profit.
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