Wendy Works as a Weather Announcer for a TV Station

question 43

Multiple Choice

Wendy works as a weather announcer for a TV station under the character name Weather Wendy. Wendy can register her name as

• A)none of the choices.
• B)a trade secret.
• C)a service mark.
• D)a trade name.

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Definitions:

Unregulated Monopolist

An unregulated monopolist refers to a monopoly that operates without government intervention, setting prices and output levels without regulatory constraints.

Nondiscriminating

A principle or policy of treating all people equally, without unfair bias or discrimination.

Maximum Profits

The highest attainable profit a firm can achieve when it sets its production output at a level where marginal cost equals marginal revenue.

Perfectly Price-Discriminated

A market scenario where a seller charges each buyer their maximum willingness to pay, capturing all available consumer surplus as profit.