Those Who Illegally Obtain Software and Then "Crack" or "Rip

question 24

Multiple Choice

Those who illegally obtain software and then "crack" or "rip" its copyright protections,before posting it on the Internet for other members of the group to use are engaging in:

• A)mousetrapping
• B)spamming
• C)e-tailing
• D)warez

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Definitions:

Positive Profits

Positive profits occur when a business's total revenues exceed its total costs, indicating financial gain from its operations.

Long Run

Refers to a period where all factors of production and costs can be variable, allowing firms to adjust to changes in the business environment fully.

Short Run

A period in which at least one factor of production is fixed, allowing limited adjustments to changes in production or the business environment.

Perfectly Elastic Demand

A market situation where demand for a product is infinitely sensitive to changes in price, leading to zero consumer tolerance for price increases.