Broadcast television and broadcast radio send out signals


Question: Broadcast television and broadcast radio send out signals that can be received by an infinite number of receivers without reducing the quality of the reception of other consumers of the signal and it is not possible to charge any of the consumers of the signal.

Private companies have been providing broadcast television and radio since the invention of the medium. How do they make it profit table if they cannot charge the recipient of the signal?

Solution Preview :

Prepared by a verified Expert
Microeconomics: Broadcast television and broadcast radio send out signals
Reference No:- TGS02413111

Now Priced at $15 (50% Discount)

Recommended (99%)

Rated (4.3/5)