Question: (1) If the Grateful Dead were protected by copyright laws, why did they tend to give away their concerts? (2) Under what conditions does the

(1) If the Grateful Dead were protected by copyright laws, why did they tend to give away their concerts?
(2) Under what conditions does the “economics of free” seem to apply most readily?
(3) Under what conditions does it make sense to cut out the middlemen in a transaction?
(4) The band has had 19 gold albums, 6 platinum albums, and 4 albums that have gone multiplatinum. How could this occur if the band was giving its music away free?
(5) Explain why the Dead supports anyone who sells band merchandise. How does it resemble Amazon’s affiliate program?
(6) What is the likely cost structure faced by the band in producing its albums and CDs?

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