What is one reason it might be difficult to dissuade people from pirating music off the Internet?
A) Consumer surplus is very high when music is pirated.
B) In general, consumers get a rush from "stealing."
C) Consumers mistakenly believe that the Internet is public domain.
D) Producer surplus is very low when music is pirated.
A
Economics
You might also like to view...
The level of aggregate output and income where there is a balance between spending and production decisions and where the economy moves toward is called:
A) disequilibrium level of output and income. B) equilibrium level of output and income. C) disequilibrium level of employment. D) none of the above.
Economics
Inflation targeting requires monetary policymakers to rely heavily on the Phillips curve.
Answer the following statement true (T) or false (F)
Economics