Talk Radio Is Sometimes Characterized as the Wild West of the Media

question 70

Multiple Choice

Talk radio is sometimes characterized as the Wild West of the media because

• A) the leading shows are broadcast from western states.
• B) the audiences are larger in the West than in any other part of the country.
• C) talk-radio shows only air in the West.
• D) talk-show hosts often exaggerate their political biases for effect; no journalistic conventions are observed.
• E) the views that the most popular talk-show hosts promote are left (or west) of center.

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Definitions:

Profits Maximization

The process or strategy aimed at increasing the difference between the total revenue and total costs of a business to the highest possible level.

Price Received

The amount of money paid to a seller for the sale of goods or services.

Production Function

A production function is a mathematical model that describes the relationship between inputs and the maximum output that can be produced with those inputs.

Supply Function

A mathematical relationship that depicts how the quantity of goods supplied by producers changes in response to different factors, such as price.