Why Are Authors Allowed to Be Monopolists in the Sale

question 106

Multiple Choice

Why are authors allowed to be monopolists in the sale of their books

• A)in order to encourage authors to write more and better books
• B)in order to correct for the negative externalities that the Internet and television impose
• C)in order to satisfy literary advocacy groups that exercise their lobbying power
• D)in order to promote a society in which people think for themselves and learn from whichever books they please

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Definitions:

Civil Obligations

Duties or responsibilities recognized by civil law that require an individual or entity to act or abstain from acting in a certain way.

Franchise

A business model that allows individual owners to operate a store, restaurant, or other establishment using the branding, products, and operational support of an established company.

Sonic Products

Sonic products involve items or technologies that use sound waves to function, such as ultrasonic cleaning devices or sonic toothbrushes.

License

A license grants permission by one party to another to use property or engage in a particular activity, without transferring ownership.