Refer to the Accompanying Figure to Answer the Questions That

question 77

Multiple Choice

Refer to the accompanying figure to answer the questions that follow.

-Refer to the accompanying table,where Q represents the quantity produced,internal cost and social cost are given for various quantities,and P represents the price consumers are willing to pay for various quantities. The social optimum occurs where price is __________ and quantity is __________.

• A)$70; 200
• B)$50; 200
• C)$60; 300
• D)$80; 300
• E)$60; 100

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Definitions:

Media Gatekeeper

Individuals or organizations that control access to information, determining what news or content is published or broadcasted.

Citizen Journalists

Individuals who play an active role in collecting, reporting, analyzing, and disseminating news and information, often without professional journalism training.

Targeted Audience

A specific group of consumers within the broader marketplace, identified as the intended recipient of a marketing message, campaign, or product.

Edelman Trust Barometer

An annual survey that measures global trust in institutions such as governments, media, businesses, and NGOs.