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There is a real tension of interests between content owners and users. Traditionally the law has been very generous to content owners, which has led to tremendous protection for intellectual property. Recent examples include Subway's attempt to trademark "Footlong" so that other sandwich shops can't use the phrase, or the tattoo artist who did Mike Tyson's face tattoo suing the producers to the Hangover Part 2 movie for using the same face tattoo. As you read and heard, copyright owners were successful in the 1990's in persuading Congress to extend copyright terms from 50 years to 70 years past the death of the author.Read the quote from Judge Alex Kozinski on page 173 of your textbook ("Concluding Thoughts" Chapter 9). Do you agree with Judge Kozinski that overprotecting intellectual property is as harmful as under protecting it? Read the July 12, 2012, New York Times article about Richard O'Dwyer here:https://www.nytimes.com/2012/07/13/technology/us-pursues-richard-odwyer-as-intermediary-in-online-piracy.htmlO'Dwyer is a 24-year-old college student in Britain who earned $230,000 while operating a website that contained links to other websites that hosted copyrighted TV shows and movies. Now, at the urging of the MPAA (film studio lobbying group), the US government is seeking his extradition to the U.S. (a country he's never been to) to face a possible 10-year jail sentence.What would you do if you were the judge in this case? Be sure to address the concerns raised by the MPAA in your decision.
Beer and pizza are complements because they are often enjoyed together. When the price of beer rises, what happens to the supply, demand, quantity supplied, quantity demanded, and the price in the market for pizza.
soppose that in one year an american worker can produce 100 shirts or 20 computers while a chinese workers can produce
What effect on the price elasticity of demand for commuter rail is there likely to be from a decrease in the price of gasoline? Explain your answer
Equations describe an economy.
Suppose the production function is C = L(0.5) x M(0.75), does the production function exhibits increasing returns to scale, decreasing returns to scale or constant returns to scale? Explain your answer.
Discuss the relationship existing between production and cost. What is the MC function of the above TC function?
One advantage of forming a business as a corporation is: the business is subject to less taxes and fewer government regulations limited liability management can make quick decisions individual stockholders can influence daily business
What is the total fixed cost for the El Dorado Star? If the total fixed cost increases to $5,000, how many papers should be sold daily for profit maximization?
The task is to interpret the following article in the light of your understanding of supply and demand. Where possible you should illustrate your discussion of the changing situations with demand and/or supply curves, indicating values where app..
Assume a certain firm in a competitive market is producing Q = 1,000 units of output. At Q = 1,000, the firm's marginal cost equals $15 and its average total cost equals $11. The firm sells its output for $12 per unit.
questions1. given a supply curve for ultrasound clinics predict how the supply curve will shift i.e. increase or
State the commodity in which each country has absolute advantage amd identify the commodity of comparative advantage for each country
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