If a Prime-Time Network Program Has a 30 Rating and a 40

question 41

Multiple Choice

If a prime-time network program has a 30 rating and a 40 share, and there are 100 million U.S.households, in approximately how many of those households was there at least one person watching the program?

• A)10 million
• B)30 million
• C)40 million
• D)60 million
• E)70 million

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Definitions:

Economic Principle

Fundamental theories or laws that underpin the operation of economies and inform decision-making.

Rational Decisions

Decision-making process that is based on making choices that result in the most optimal level of benefit or utility.

Scarcity

Is the fundamental economic problem of having seemingly unlimited human wants and needs in a world of limited resources.

Societies

Large groups of individuals who live together in an organized community with shared laws, traditions, and values.