Philip Has Taken a Patented Device and Reproduced It, Leaving

question 18

Short Answer

Philip has taken a patented device and reproduced it, leaving out an insignificant function. He would still be violating the original patent according to the doctrine of ______.

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Definitions:

Activity Variances

The differences between actual and budgeted levels of activity, often analyzed to understand deviations in performance.

Revenue Variances

The differences between actual revenues and forecasted or budgeted revenues.

Relevant Range

The range of activity within which assumptions about variable and fixed cost behavior are valid.

Variable Cost

Expenses that change in proportion to the volume of goods or services produced by a business.