Use the following statements to answer this question: I. Political candidates need to know the geographical extent of the market for TV commercials in determining how to reach the target number of eligible voters with the smallest possible expenditure.
II) The geographical extent of the market for gasoline in Texas will determine whether an oil company drills for oil there.
A) I and II are true.
B) I is true, and II is false.
C) I is false, and II is true.
D) I and II are false.

Question

Quizplus · Accepted Answer

Statement I is true because political candidates need to understand the geographical reach of TV commercials to efficiently target voters. Statement II is false because the decision to drill for oil is based on the presence of oil reserves and economic factors, not the geographical market for gasoline.

Use the Following Statements to Answer This Question: I