To Avoid Charges of Copyright Infringement, You Should

question 93

Multiple Choice

To avoid charges of copyright infringement, you should

• A)include a footnote to all information.
• B)use information only from Internet sites.
• C)ask permission only when using information from a legal publication.
• D)assume that all intellectual property is copyrighted.

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Definitions:

Average Fixed Costs

The fixed costs of production (costs that do not change with the level of output) divided by the quantity produced.

Total Costs

The sum of fixed and variable costs incurred by a firm in the production of goods or services.

TC Curve

A graphical representation showing the total cost of producing different quantities of a good or service.

TVC Curve

A graphical representation showing the relationship between a firm's total variable costs and its output level.