Alice Took a Photograph of a Parade That Passed by the Window

question 4

True/False

Alice took a photograph of a parade that passed by the window of the office where she worked,and submitted it to the local newspaper along with a short report on the celebrations.If another newspaper copies the picture that was published by the newspaper to which Alice gave the picture,the second newspaper would be liable for infringement.

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Definitions:

Marginal Cost

Marginal cost is the increase or decrease in the total cost that arises when the quantity produced is incremented by one unit.

Average Variable Cost

The cost of production that varies with the output level, calculated by dividing the total variable costs by the number of units produced.

Average Product

is the output per unit of input, such as the quantity of goods produced per labor hour, and is used to measure productivity.

Marginal Cost

The expenditure resulting from the creation of an additional unit of a product or service.