a. Has the rise of the Internet and file sharing turned media such as movies and music

Question:

a. Has the rise of the Internet and file sharing turned media such as movies and music into public goods? Why?
b. Taking your answer in part a into account, would government taxation and funding of music improve social welfare? In your answer, at least mention some of the practical difficulties of doing this.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

Question Posted: