Which of the Following Is a Consequence of the Rise

question 14

Multiple Choice

Which of the following is a consequence of the rise of television broadcasting?

• A)The news consumed by the American public is more entertaining than educational.
• B)Individuals have a greater need for political parties to help them make decisions.
• C)Groups have greater access to spread their issues and messages to the public.-
• D)The American public is better informed about politics and Congress is basing its opinions more on public opinion.

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Definitions:

Complementary Demand

Refers to products or services for which the demand increases or decreases together because they are used together, like smartphones and data plans.

Double Markup

A pricing strategy where a product is marked up twice before it reaches the final consumer: first by the wholesaler then by the retailer, leading to a higher final price.

Upstream Firms

Companies involved in the early stages of production or supply chain, such as raw material extraction or initial processing, before manufacturing.

Double Marginalization

A scenario in which two or more firms at different stages of a supply chain apply their own markups, leading to inefficiencies and inflated prices for consumers.