Which of the Following Statements Best Describes Where Younger and Older

question 25

Multiple Choice

Which of the following statements best describes where younger and older Americans get their news?

• A)Social media tend to be a secondary news source after television for most Americans,but a primary news source for the young.
• B)Social media tend to be a primary news source after television for most Americans,but a secondary news source for the young.
• C)Social media have become the primary news source for Americans of all ages.
• D)Despite an increase in the number of people who get their news through social media,newspapers remain the primary news source for Americans of all ages.

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Definitions:

Short-Run Marginal Cost

The cost incurred by producing one additional unit of a product or service in the short run, where some factors are fixed.

Government Regulations

Laws and rules established by governmental agencies to control or modify economic behavior, protect consumers, or preserve natural resources.

Resource Prices

The cost of inputs used in the production of goods or services, such as raw materials, labor, and energy.

Sunk Costs

Costs that have already been incurred as a result of past decisions. They are sometimes referred to as historical costs.