Although Hollywood Actually Produces Only a Minority of the Worldwide

question 46

True/False

Although Hollywood actually produces only a minority of the worldwide total of films and television programmes, its control over marketing and distribution gives it an enormous input onto Third World screens.

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Definitions:

Marginal Utility

The additional satisfaction or usefulness obtained from acquiring or consuming one more unit of a product or service.

Diminishing

A principle often seen where there is a decrease in the marginal (incremental) output of a production process as the amount of a single factor of production increases while others remain constant.

Donut

A fried dough confectionery or dessert food, usually sweet, and often served with a variety of toppings or fillings.

Total Utility

The total satisfaction received from consuming a particular quantity of a good or service.