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Clay Holladay Owns a Chain of Radio Stations

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Clay Holladay owns a chain of radio stations. The advertising time he sells to advertisers is directly related to the number of persons who are listening to each station in each radio market. Clay purchases estimates of the number of persons who listen to the different radio stations in each market from Arbitron, a marketing research firm. In every radio market Arbitron gathers the same data; the number of persons listening to every program on each station as well as their age and gender. Arbitron records this information in a database and they offer it to every person who wishes to subscribe to it for a fee. Arbitron is an example of a:


Definitions:

Horizontal Compression

The force that acts in parallel opposition across the Earth's crust, leading to folding, faulting, or shortening of geological formations.

Horizontal Tension

Refers to the stress acting parallel to the Earth's surface, which can cause stretching and fracturing of geological structures.

Vertical Tension

The force per unit area exerted in a vertical direction within a material, often relating to the stress experienced by geological or man-made structures.

Plunging Anticline

A fold in rock layers that slopes downward from the crest, usually indicating compression forces within the Earth's crust.

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