Which of the Following Statements About Political News Consumption Is

question 1

Multiple Choice

Which of the following statements about political news consumption is accurate?

• A)Working-class people consume more political news than do wealthier people.
• B)Older people consume more political news than do younger people.
• C)Men consume considerably more political news than do women.-
• D)West Coast residents consume more political news than do East Coast residents.

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Definitions:

Shortage

A market condition in which demand for a good or service exceeds the supply available at a specific price.

Demand Schedules

A table that lists the quantity of a good that consumers are willing and able to purchase at various prices.

Supply Of Calculators

The total quantity of calculators that manufacturers are willing and able to sell at various price levels, holding all else equal.

Lower Cost

Refers to the reduction in expenses required to produce goods and services, improving profitability.