Which of the Following Would Be an Example of "New

question 77

Multiple Choice

Which of the following would be an example of "new media"?

• A) political parties summarizing their campaign platforms on television
• B) a radio program that tells you where to go if you want to volunteer to work on a political campaign
• C) newsletters that provide "voter guides" telling you who to vote for
• D) a magazine that provides information on candidates' policy positions but also describes their family lives, hobbies, and favorite books
• E) politicians using Twitter to communicate with their constituents and hear back from them directly

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Definitions:

Equilibrium Price

The price at which the quantity of a product demanded by consumers equals the quantity supplied by producers.

Equilibrium Quantity

The amount of goods or services supplied and demanded at the equilibrium price, where the quantity demanded equals the quantity supplied.

Number of Firms

The total count of businesses operating within a market or industry, a key factor in determining market structure and competition levels.

Downsloping Demand

A situation where demand decreases as the price increases, typically illustrated by a downward sloping demand curve.