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Public Goods and Monopolistic Competition
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advertiser support advertising revenues AM-FM Amendment antitrust audience behavior biases Broadcast expenses cable television cash discounts channel capacity Chapter circulation cities commercial commissions to agencies common carrier consumer surplus consumers copies courts Daily Newspaper decision demand dollars economic economies of scale editorial effect electromagnetic spectrum equilibrium fairness doctrine FCC data freedom of expression important Includes income increase industry issues less licenses magazine mass media maximized messages million monopolistic competition monopoly motion picture networks newspaper circulation number of channels number of newspapers number of programs optimum owned-and-operated stations paid access paper pay TV payroll percent period political price discrimination printing production profits program expenses program selection public broadcasting published result revenues and expenses Sale of station signals Source stations reporting Statistical Abstract 1973 structure Table theory tion Total broadcast revenues total surplus transmission TV stations viewers