A copyright creates a monopoly by restricting ________

A) the prices that can be charged
B) demand for the product
C) entry into the market
D) the number of creators and inventors

C

Economics

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The principle stating that, for virtually all goods and services, there is a negative relationship between price and quantity demanded, all other things unchanged, is the law of:

A) supply. B) demand. C) scarcity. D) increasing opportunity costs.

Economics

Which of the following taxes is based on the ability-to-pay principle?

a. Road taxes paid by the buyers of gasoline b. Progressive income taxes that pay for scientific research c. Payroll taxes that pay for Social Medicare d. Education taxes paid by parents

Economics