The Amount of Pizzas That Consumers Want to Buy Per

question 71

Multiple Choice

The amount of pizzas that consumers want to buy per week is reflected in the equation P = 15 - .02Q_d,where Q_d is the amount of pizzas purchased per week and P is the price of pizzas.On the basis of this information we can say that:

• A) if pizzas were free,people would consume 800 per week.
• B) more pizzas will be purchased at a high price than at a low price.
• C) if the price of pizzas is $6,then 150 will be purchased.
• D) 50 fewer pizzas will be purchased per week for every $1 increase in price.

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Definitions:

Moral Rights

Refers to the rights of creators to have their work attributed to them and to object to any derogatory treatment of it, protecting the personal and reputational connection between the creator and their creation.

Industrial Design Act

Legislation that provides protection for the visual design of objects that are not purely utilitarian, covering the creation of shapes, configurations, or looks of industrial products or parts.

Trademarks

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Passing-off Action

A legal remedy used to protect the goodwill of a business from being misrepresented by others, typically in trademark cases.