Once the copyright on a book expires
A) no publisher can claim copyright of that author's words, but the book can be reissued by any publisher.
B) only the first publisher to reissue the book can claim copyright of that author's words.
C) any publisher can now claim copyright of that author's words.
D) no publisher can claim copyright of that author's words because the book can never be reissued.
A
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If the government wanted to efficiently limit the emission of carbon monoxide by all firms to exactly 4 million tons it could
A) issue rights to pollute worth 4 million tons and let the firms trade those rights in a market. B) appeal to firms' environmental conscience to pollute less. C) subsidize production. D) rely on the Coase Theorem.
The law of increasing opportunity costs causes the production possibilities curve to:
a. be a straight line. b. slope upwards. c. have a bowed-out shape. d. shift inward.