The Best Strategy for Parents Who Want to Have Some

question 1

Multiple Choice

The best strategy for parents who want to have some control over the impact of media on their children is to

• A) tightly regulate and restrict which program your children can watch.
• B) not say anything about violence seen in TV because it will only draw the child's attention to it and make it more memorable.
• C) try to find a balance between being overly restrictive and having no restrictions at all.
• D) not watch television with your children because may appear that you approve of what is being shown.

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Definitions:

Positive Externality

A beneficial effect experienced by a third party due to an economic activity, without compensation.

Socially Optimal

Refers to a state or condition in which resources are allocated in the most efficient manner from the perspective of society as a whole, maximizing overall well-being.

Market Quantity

Refers to the total amount of a particular good or service that is available for purchase in a market at a specific point in time.

Technology Spillover

An external benefit that results when knowledge spreads among individuals and firms.