On march 1, 2017, moreno company purchased a patent from another company for $90,000. the estimated useful life of the patent is 10 years, and its remaining legal life is 15 years. how much is amortization expense for 2017?

Plastic and steel are substitutes in the production of body panels for certain automobiles. if the price of plastic increases, with other things remaining the same, we would expect: a) the demand curve for plastic to shift to the left. b) the price of steel to fall. c) the demand curve for steel to shift to the left d) nothing to happen to steel because it is only a substitute for plastic. e) the demand curve for steel to shift to the right