Increasingly Before the Courts in Cases Such as Doninger V

question 2

Multiple Choice

Increasingly before the courts in cases such as Doninger v.Niehoff from the Second Circuit are schools' attempts to regulate:

• A)student media advertising.
• B)off-campus speech.
• C)sexting.
• D)speech by student clubs.
• E)student political groups.

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Definitions:

Consumer Preferences

The specific desires, likes, and dislikes that influence the purchasing behavior of consumers.

Economic Profit

The profit a company makes after deducting both its explicit (actual cash outflows) and implicit (opportunity) costs.

Profit Motive

The driving force behind business activities focused on achieving financial gain.

Long-Run Economic Profit

The sustainable profit a firm earns over time, assuming entry and exit in the market are possible and adjustments have been made.