Jingle As You Go$.$ Inc. $($JAYGI$),$ a fictitious company, has just developed a new and very powerful microprocessor. There is little doubt that computers that incorporate this microprocessor into their architecture will be faster and cheaper than computers that stay with older technologies, Suppose that JAYGI has obtained a $17-$year patent on this new microprocessor, and gther microprocessor firms are going to have a very difficult time imitating the JAYGl microprocessor. If you were the managers of a computer manufacturing company, would you have any concerns about redesigning your computers around this new microprocessor?No$.$ I would not have concerns because this new technology is faster.B$)$ No$.$ I would not have any concerns because it is cheaper.C Yes, because the patent will expireD Yes, because another company could reverse$-$engineer the technology.E Yes, due to hold$-$up$,$ once the technology was adoptedQuestion $2$Under what conditions would you be willing to incorporate JAYGI's microprocessor into your computers?You would need a binding contract.The contract would need to be very comprehensive.Set up a joint venture equally owned by the suppler and JAYGIDOnly after obtaining competitive bids from other suppliers.Only after a competitor adopted it to see if it works so that jAYGI could be the second mover into the industry.