All () from the album will go to charity. A: Rowels B: rows C: Royalties D: Money

Music compact discs are normal goods. What will happen to the equilibrium price and quantity of music compact discs if musicians accept lower royalties, compact disc players become cheaper, more firms start producing music compact discs, and music lovers experience an increase in income?

Which of the following is not a typical characteristic of a licensing arrangement? A: Obtaining the rights to use a particular type of technology. B: Obtaining a controlling interest in another firm C: Obtaining patent rights D: Paying royalties in direct proportion to revenues generated by the agreement E: Utilizing another firm's trademark to market your product