The Pilot for a New Television Show Included a Character

question 90

Multiple Choice

The pilot for a new television show included a character that helped a teenager obtain an abortion.Since a major shareholder on the television network's board of directors was anti-abortion,the show was not purchased.According to the text,what sociological approach could be used to analyze the influence of the shareholder?

• A) multimedia chains
• B) vertical integration
• C) critical hegemony
• D) political economy

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Definitions:

Accounting Profit

The total revenue of a business minus the explicit costs, representing the financial gain in accounting terms.

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, representing the additional return over the investor's opportunity cost.

Implicit Costs

The opportunity costs of using resources owned by the firm for its own production instead of earning revenue from these resources elsewhere.

Explicit Costs

These are the direct, out-of-pocket payments made by businesses for operational expenses like wages, rent, and materials.