The makers of the movie Titanic have some monopoly power over this film because the

A) movie is patented.
B) name Titanic is trademarked.
C) movie is protected by copyright law.
D) government has issued the maker of this movie a public franchise.
E) owner never price discriminated in marketing the movie.

C

Economics

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Give an example of adverse selection and an example of moral hazard using homeowners insurance

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Refer to the consumption schedule above. At income level 3, the amount of consumption is represented by the line segment:



A.  FG
B.  FH
C.  FD
D.  GH

Economics