When Working with the Media, All of the Following Were

question 50

Multiple Choice

When working with the media, all of the following were cited in the text as general guidelines except :

• A)Find a particular source in the media and always give that source the information you want to relay
• B)If the media make a mistake, consider your reactions with care
• C)If your information does not get printed or used, thank the reporter for the effort and express your willingness to work with him or her again
• D)Reach out to the media before problems arise

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Definitions:

Liability Rule

A legal principle that allocates the economic burden of damages to the party responsible for causing harm.

Coase Theorem

A principle stating that if trade in an externality is possible and there are no transaction costs, parties will negotiate to produce an efficient outcome.

Free-Rider Problem

A situation in which individuals benefit from resources or services without paying for them, leading to underprovision of those goods.

External Costs

Costs created by an activity that affect other parties without them being reflected in the market prices, similar to negative externalities.