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Ratings and Share questions. Label your answers with the letter of the question. Provide a short but complete definition of RATING as used by Nielsen to measure television audiences. Provide a short but complete definition of SHARE as used by Nielsen to measure television audiences. If you had a very broad (mass market) consumer target and were given the (unlikely) choice between paying $35,000 to run an advertisement during a show airing at 8pm on July 21 with a RATING of 15 OR paying the same amount to run an advertisement during a show airing at 8pm on July 21 with a SHARE of 15, which would you choose to maximize the reach for your advertisement? Explicitly answer RATING of 15 or SHARE of 15 and explain your reasoning in 2 sentences or less.
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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