Billy Bravo Watches the Faux News Channel Every Evening

question 41

Multiple Choice

Billy Bravo watches the Faux News Channel every evening. Every day, he argues with his _______ co-workers who watch another news station about the political climate of their Nation. It is likely that Billy has been differently by a component of the mass media than his co- workers.

• A) indoctrinated
• B) educated
• C) socialized
• D) both answers b and c are correct

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Definitions:

Marginal Benefit

The additional satisfaction or value a consumer gains from consuming one more unit of a good or service.

Marginal Cost

The increase in cost that arises from an additional unit of production.

Sherman Act

A landmark federal statute in the field of United States antitrust law passed in 1890 that prohibits certain business activities that reduce competition in the marketplace.

Clayton Act

A U.S. antitrust law aimed at increasing competition by preventing unfair trade practices and monopolies.