What Concerns Are There About Open Source Programs

question 57

Multiple Choice

What concerns are there about open source programs?

• A) Programmers will add functionality and sell their versions.
• B) Programmers will enhance the code faster than the computer hardware can keep up.
• C) Programmers will hide the code enabling them to control and profit from the programs.
• D) Programmers will add malicious code to damage a user's system.

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Definitions:

Perfectly Price-Discriminating Monopoly

A theoretical market structure in which a monopolist charges each consumer the maximum they are willing to pay, capturing all consumer surplus.

Profit-Maximizing Level

The point at which a firm achieves the highest possible profit, where marginal revenue equals marginal cost.

Efficient

The characteristic of maximizing productivity with minimal waste, effort, or expense.

Inefficient

Describes a market or economy in which there are missed opportunities: some people could be made better off without making other people worse off.