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Dylan Owns a Piano Store and Is a Huge Fan

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Dylan owns a piano store and is a huge fan of Jeff Goldblum.In order to get a recording of him playing piano and a photo,Dylan sneaks onto Goldblum's property.He then uses the photo as a "Seal of Approval" to help him sell his pianos.Goldblum now says he is suing for invasion of privacy.Which of the following is true?


Definitions:

Revealed Preference

A theory that assumes individuals' preferences can be determined by their purchasing habits.

Weak Axiom

A principle in consumer choice theory stating that if a consumer prefers bundle A over bundle B when both are available at the same prices, then the consumer will not purchase more of bundle B if its price rises.

Revealed Preference

An economic theory stating that the preferences of consumers can be understood by their purchasing habits.

Prices

The monetary value assigned to goods and services in a market, dictating the exchange rate at which these can be traded.

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