Essay
Current media laws allow television companies to own a certain number of channels.However, the greatest part of their revenue comes from the advertisements that are shown when the most viewers are watching their shows.This has the unusual consequence of many stations broadcasting low-interest shows such as shopping on their other channels, so as to concentrate their audiences into one channel and thus reap the most advertising revenue.What is this an example of, and what could be done to rectify it?
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This is an example of a negative externa...View Answer
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