1. Analyze the fast food industry from the point of view of perfect competition. Include the concepts of elasticity‚ utility‚ costs‚ and market structure to explain the prices charged by fast food retailers. Firms within the fast food industry fall under the market structure of perfect competition. Market structure is a classification system for the key traits of a market. The characteristics of perfect competition include: large number of buyers and sellers‚ easy entry to and exit from the
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people shouldn’t be allowed to broadcast on the radio or on the television everything that they want because of the consequences. It could lead children to violence. Because of this‚ there should be control over the airwaves‚ but it should be limited. It should be controlled by an organization that would decide what would be ok to broadcast and what not. The easiest way to broadcast today is the television and the radio. Those two types of media broadcasting are available to almost every person in the
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Radio and Development Radio plays significant role in supporting social development issues in developing nations. In most Third world nations Radio is still the dominant mass-medium. When compared with Television and other mass media‚ radio has the widest geographical reach and the highest number of audiences in developing countries. Most of the development issues of the developing nations such as infrastructure development‚ housing‚ health‚ agriculture‚ education etc… are mainly run by government
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RJ 1: hi this is _________. RJ 2: hi this is ____________ and welcome to our show knowledge trunk on radio 102.34. RJ 1: isn’t it a pleasant day. rj2: yep it is and a day full of excitement and we have an exciting topic for today‘s program for our listeners. rj1: yes it is a very exciting topic and our listeners especially those interested in sci –fic will just love it. RJ 2: yes today we will be talking about UFOs and extraterrestrials beings (aliens). RJ 1: so today we have with us professor
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Co-ownership is where there are multiple individuals with an ownership interest in property. Many people chose to own real estate in some form of co-ownership in other words concurrent. There are three main ways to own real property jointly; first (1) Tenancy in Common‚ if you own property as joint tenants‚ then your ownership rights includes the right of survivorship. This means that when one joint tenant dies‚ their interest in the property automatically goes to the other joint tenant. Second (2)
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“Ownership and Self Sense” Ownership can be viewed in many different ways. Some think of ownership as a bad thing‚ while others think of it as a good thing. Before someone can establish their beliefs on what is good and bad‚ the true meaning of what they are being ased must be understood. This controversial question of whether ownership is positive or negative brings up a much more important question‚ “What does it mean to own something?”. Ownership is defined as to have possession of something
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Radio One Inc. is a company that was founded in 1980 by Catherine Hughes who had learned the radio business while teaching at Howard University. Catherine and her husband purchased WOL-AM in Washington‚ D.C. for just under one million dollars. Hughes changed the format from R&B music and public affairs to talk radio. To cut back on expenses the Hughes became radio personalities. Expansion for Radio One began in 1987 when the Hughes’ purchased WMMJ-FM in Washington for about $7.5 million and
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within in the United States‚ regulations have been placed in order to ensure a fair market for consumers. Oligopolies have been to be found in certain aspects to be illegal when firms intent to corner the market using anti competitive practices. Within monopoly there tends to be limited competitors because of there is no substitute for the product for which the company produced. A true monopoly is to keep a competitor out of the market and to put obstacles to discourage competitors in the market which
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The Roaring 20’s During the 1920’s‚ also known as "The Roaring 20’s"‚ Radio Broadcasting became one of America’s favorite sources of entertainment. During this time period most Americans depended on radio for their source of communication‚ since television was not yet invented. The invention of radio had a major impact on Americans. Radio stations transmitted a variety of shows and programs that entertained many people through out the nation. "In the 1920’s the Westinghouse engineer‚ Frank Conrad
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Ownership leaders make the group far better by the time they finish their term. In contrast‚ No-Ownership leaders crave attention‚ live in their own fantasy world‚ and bring the team to its knees. When the team’s result in a project or effort is less than ideal‚ the Leader Takes: No-Ownership of the Result Ownership of the Result Disown the Reality “I am a great person. It must be my team’s fault.” Own the Reality “I led this team. I Own this result.” Disown the Role as Communicator: “My team is
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