How Did the Government Attempt to Limit the Exposure of Children

question 47

Multiple Choice

How did the government attempt to limit the exposure of children to violent or graphic programs in the 1990s?

• A) It required that all television programs adhere to a set of strict standards.
• B) It required all TV manufacturers to install a V-chip that parents could program.
• C) It restricted all children's programs to one specific channel.
• D) It took control over children's television programming completely.

Understand the role of income elasticity of demand in consumer behavior.

Recognize how personal preferences and income influence utility and purchase decisions.

Calculate the effects of market changes on demand using elasticity equations.

Interpret the implications of demand functions on market revenue.

---

Definitions:

Payout Ratio

The percentage of net income distributed to shareholders in the form of dividends, representing the fraction of a company's earnings paid out.

Sustainable Growth Rate

The maximum rate at which a company can grow its earnings without needing to increase external financing.

Capital Intensity Ratio

refers to a financial ratio that measures the amount of fixed assets a company uses to generate its sales revenue, indicating the level of investment needed to maintain current sales levels.

Profit Margin

A financial metric expressing the ratio of net income to sales, showing the percentage of revenue that remains as profit after all expenses are paid.