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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.
Describe some forms of private spending that represent consumption and some forms that represent investment. The national income accounts include tuition as a part of consumer spending. In your opinion, are the resources you devote to your education ..
Suppose an assistant professor of economics is earning a salary of $75,000 per year. One day she quits her job, sells $100,000 worth of bonds that had been earning 5 percent per year, and uses the funds to open a bookstore. At the end of the year, sh..
Required all pharmaceutical firms to sell their drugs in a competitive market with no ability to patent their break.
Three college students are considering operating a tutoring business in economics. This business would require that they give up their current jobs at the student recreation center, which pay $6,000 per year. A fully equipped facility can be leased a..
Consider a country with 5 citizens, and let be the value that citizen i attaches to protesting. Suppose v1= 4 v2= 3 v3= 2 v4=1 v5=0. Assume that the cost of protesting is the same for all citizens and is , where m is the number of protestors (so that..
Calculate elasticity for each variable. On this basis, examine relative impact that each variable has on demand. Illustrate what implications do these results have for industry's marketing and pricing.
Ed and his wife Kathie own all of the stock of Crispin, Inc. Kathie is the president and Ed is the vice president. Kathie and Ed are paid salaries of $500,000 and $350,000, respectively, each year. What are Ed and Kathie trying to achieve by hiring t..
What is regionalism? Use European Union as an example to illustrate the major steps toward regional integration. What major features can you identify for regional integration in Europe, North America and East Asia? what are the dynamics for regional ..
Assume that an economy has 1500 workers, each working 2000 hours per year. If the average real output per worker-hour is $20, then total output or real gdp will be?
elucidate how the proposed carbon tax for australia would help reduce negative externalities, pollution levels in australia.
q1. budweiser miller and coors who together produce 80 of all beer consumed in the us each spend well over 250 million
Consider a 2 player stag hunt in which a Stag is worth 6 jollies to each player and a Hare is worth 1 jolly to any player catching one. What is the mixed strategy Nash equilibrium in this game?
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