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16. Which of the following is NOT a filter in Herman and Chomsky's propaganda model? (A) Flak. (B) Profit. (C) Ideology. (D) Advertising. 17. In 2002-2003, an unproven conspiracy theory was floated around, that Saddam Hus- sein illegally held weapons of mass destruction (WMDS). The U.S. government, under President George W. Bush, repeated this assertion to American media in Washington, D.C, who did not sufficiently investigate whether Bush's allegations were true. Neverthe- less, the media reported that Saddam Hussein had WMDS. Based on this information, which filter is operating to cause the media to report that Hussein had WMDS? (A) Ownership (B) Profit. (C) Sourcing. (D) Flak.

ASAP Your Aunt Debby has come to you offering to pay you if you make large signs to advertise her business. The materials for each sign cost $20, and you have to spend your own time painting them. The time it would take you to make the first sign is worth $20 to you. The time it would take to make the second sign is worth $30. The time it would take to make the third sign is worth $40. Fill in your supply schedule.

Which of the following describes the type of entry barrier faced for hotels? A. There is a natural entry barrier for taxicabs because entry into the market has been limited through quotas. B. There is a natural entry barrier for hotels because entry into the market has been limited by the economies of scale. C. There is a created entry barrier for hotels because entry into the market has been limited by the economies of scale. D. There is a created entry barrier for hotels because entry into the market has been limited through limited access to key natural resources.

Question 5: Jimmy has a room that overlooks, from some distance, a major league baseball stadium. He decides to rent a telescope for $50 a week and charge his friends and classmates to use it to peep at the game for 30 seconds. He can act as a monopolist for renting out "peeps". For each person who takes a 30 second peep, it costs Jimmy $.20 to clean the eyepiece. Jimmy believes he has the following demand for his service: Price of a Peep $1.20 Quantity of peeps demanded 1.00 90 100 150 200 250 300 70 60 50 350 40 30 400 450 20 10 500 550 a) For each price, calculate the total revenue from selling peeps and themarginal revenue per peep. Price Quantity TR MR $1.20 100 90 100 150 200 70 250 60 300 350 50 40 30 400 450 20 500 10 550 b) At what quantity will Jimmy's profit be maximized? What price will he charge? What will his total profit be? c) Jimmy's landlady complains about all the visitors coming into the building and tells Jimmy to stop selling peeps. Jimmy discovers, though, if he…

Although self‑driving cars are still not trusted by most consumers, demand for them among technology enthusiasts has encouraged auto manufacturers to invest huge sums of money into their development. a. Self‑driving cars are currently on the   a.upward‑sloping b.downward‑sloping portion of the network demand curve. b. Since every major automaker is investing in self‑driving technology, the industry   a.has not reached b.has reached its tipping point.

Scenario Use the following information to answer questions 16-19. The graph below shows the market demand for computers in a small country. To develop a domestic computer industry, the government prohibits imports of computers and gives a single local firm the sole right to produce and sell computers (that is, it is a legal monopoly). The demand curve shows the local demand for computers. The cost curves show the marginal cost (MC) and average total cost (ATC) of the single producer. The graph also shows the marginal revenue (MR) curve faced by this firm. Price per computer (Dollars) $3500 $3000 $2500 $2000 $1500 $1000 $500 0 MR MC.. ATC Demand 10 20 30 40 50 60 70 Quantity of computers (number per year)

In advertising, a business is not only making consumers aware of the existence of the product and its positive features but is purposely trying to persuade consumers to purchase the product. As a piece of economics which of the following best characterises what advertisers are trying to do? (a)  Shift the demand curve to the right and make it more income elastic; (b)  Shift the demand curve to the right and make it less income elastic; (c)  Shift the demand curve to the right and make it less price elastic; (d)  Shift the demand curve to the right and make it more price elastic.

Solve it correctly

The costs of tickets and transportation to and from the game, as well as the amount of time the fan invests in attending the event is called: Owayfinding demands sport supply and demand consumption cost ancillary cost