Question

The lower capital and overhead costs of the new economic order enable artists to sell their music for less yet retain a higher percentage of the revenues.

A) True
B) False
C) Depends on the genre
D) Depends on the size of the audience

Answer 1

The lower capital and overhead costs of the new economic order enable artists to sell their music for less yet retain a higher percentage of the revenues.

Step-by-step explanation:

The statement in question is true. The lower capital and overhead costs of the new economic order enable artists to sell their music for less while retaining a higher percentage of the revenues. This is because advancements in technology have made it easier and more affordable for artists to produce and distribute their music. They can now bypass traditional record labels and sell directly to their fans through online platforms, which reduces costs and allows them to keep a larger share of the profits.