Journalists Ought to Rely on the Courts to Make the Necessary

question 4

True/False

Journalists ought to rely on the courts to make the necessary ethical decisions instead of adopting the approach that they have absolute freedom to publish anything.The press cannot be relied upon to develop procedures that assure the balance of rights and interests can be accomplished effectively.

---

Definitions:

Short Run

A period in which at least one input is fixed and cannot be changed by the firm.

Substitutes

Products or services that can replace each other, where an increase in the price of one leads to an increase in demand for the other.

Elastic Demand

Elastic Demand occurs when the quantity demanded of a product changes significantly as its price changes.

Luxury Items

Goods and services that are considered non-essential but desirable, often characterized by their high quality, exclusivity, and high price.