According to the Data Workshop "Does TV Reflect the Realities

question 41

True/False

According to the Data Workshop "Does TV Reflect the Realities of Race?," minorities had over twice as many lead roles in the 2014-2015 season as they did in the 2011-2012 season.

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Definitions:

Hicksian Substitution Effect

Alternative to the Slutsky equation for decomposing price changes without recourse to indifference curves.

Indifference Curves

A graph showing different bundles of goods between which a consumer is indifferent.

Lagrangian

Function to be maximized or minimized, plus a variable (the Lagrange multiplier) multiplied by the constraint.

Lagrange Multiplier

A technique used in constrained optimization problems to find the maximum or minimum of a function subject to constraints.