Chinese Direct-Response Television Has Learned That There Are Many Obstacles

question 65

Multiple Choice

Chinese direct-response television has learned that there are many obstacles that still need to be overcome,which include all of the following except:

• A)consumers' savings rate is very low.
• B)a limited number of private telephones.
• C)low penetration of credit cards.
• D)delivery logistics in Beijing.
• E)delivery logistics in Shanghai.

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Definitions:

Support Price

A price set by the government or a regulatory body at a certain level to maintain the income of producers and encourage production.

Excess Supplies

A situation where the quantity of a product offered is greater than the quantity demanded at the current price.

Producer Surplus

The difference between the amount producers are willing to supply goods for and the actual amount received from selling those goods.

Government Payments

Financial transfers made by the government to individuals, businesses, or other governments, often as part of welfare, subsidy programs, or for procurement of services and goods.