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A Friend Asks You Why It Is That You Can

question 4

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A friend asks you why it is that you can download, install, and use Fedora Linux free of charge while Windows requires that you have purchased a license to use it. What can you tell him?


Definitions:

Average Variable Cost

The total variable cost divided by the number of units produced, reflecting the variable cost of producing each additional unit.

Total Variable Cost Curve

A graph that shows the relationship between total variable cost and the level of a firm’s output.

Factor Prices

The prices of the inputs used in the production process, such as labor, capital, and land.

Output

The total amount of goods and services produced by a business, industry, or economy.

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