Which of the following would not be covered by copyrights?

A) a movie script
B) a comic book
C) a poem
D) a prescription drug

D

Economics

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If a firm in a perfectly competitive industry introduces a lower-cost way of producing an existing product, the firm will be able to earn economic profits in the long run

Indicate whether the statement is true or false

Economics

The argument that a tariff has to be imposed in order to protect any industry just getting started until it gets large enough to be competitive internationally is the

A) start-up industry argument. B) infant industry argument. C) baby industry argument. D) fledgling industry argument.

Economics