(Consider This)Brinley is the hottest new pop singer,but his agent discovers that Internet sales of Brinley's music have been poor due to Internet piracy,but concerts are regularly sold out and merchandise (such as T-shirts)sells well.If Brinley wants to enhance profits,economists would most likely recommend that he:

Question

Quizplus · Accepted Answer

Keeping prices of downloads low and raising prices for concerts and merchandise is the best option. This is because Brinley's concerts and merchandise are showing strong demand, which indicates that his fans are willing to pay more for these items. By keeping prices of downloads low, Brinley can discourage piracy and encourage fans to purchase legitimate copies of his music. This approach will allow Brinley to increase profits while still catering to the demands of his fans.

(Consider This)Brinley Is the Hottest New Pop Singer,but His Agent