Authors are allowed to be monopolists in the sale of their books in order to
A)encourage authors to write more and better books.
B)correct for the negative externalities that the internet and television impose.
C)satisfy literary advocacy groups that exercise their lobbying power.
D)promote a society in which people think for themselves and learn from whichever books they please.

Question

Quizplus · Accepted Answer

Allowing authors to be monopolists in the sale of their books provides them with an incentive to write better and more books. This, in turn, benefits society as a whole as better quality books stimulate ideas and knowledge sharing. Monopolies also allow authors to earn higher profits, which can lead to increased investment in the writing process and more innovative works.

Authors Are Allowed to Be Monopolists in the Sale of Their