https://padlet.com/jcastro31/r5imyu89pita Moodboard en-us 2017-11-02 15:16:49 UTC 2017-11-06 04:20:37 UTC hello@padlet.com jcastro31 https://padlet.com/jcastro31/r5imyu89pita/wish/202955126 OLIGOPOLY ]]> 2017-11-02 15:19:56 UTC https://padlet.com/jcastro31/r5imyu89pita/wish/202955126 jcastro31 https://padlet.com/jcastro31/r5imyu89pita/wish/202957033 2017-11-02 15:22:53 UTC https://padlet.com/jcastro31/r5imyu89pita/wish/202957033 jcastro31 https://padlet.com/jcastro31/r5imyu89pita/wish/202957525 There isn't a high population of sellers. The firms sell products that are similar or identical to each other. It's hard to get into the business, it isn't the kind you wake up and want to do.]]> 2017-11-02 15:23:36 UTC https://padlet.com/jcastro31/r5imyu89pita/wish/202957525 jcastro31 https://padlet.com/jcastro31/r5imyu89pita/wish/202959289 This broadcast television network is similar to FOX, ABC, CBS, they're all providing entertainment but it isn't the exact same. It's difficult to create your own channel, and there a limited number of sellers]]> 2017-11-02 15:26:21 UTC https://padlet.com/jcastro31/r5imyu89pita/wish/202959289 jcastro31 https://padlet.com/jcastro31/r5imyu89pita/wish/203324657 Though there are few companies in this business structure, competition can be intense. Companies also can't raise the prices if they want because the risk of losing customers to too high. If you want to get into this business structure, it's very difficult because there are already companies dominating the market.]]> 2017-11-03 15:00:09 UTC https://padlet.com/jcastro31/r5imyu89pita/wish/203324657 jcastro31 https://padlet.com/jcastro31/r5imyu89pita/wish/203330026 Since there isn't many companies in this business structure, they have the potential to earn a lot of profit. Another advantage is the consumer can always have the best product, since the competition is trying to sway the consumer to choose their company. Last advantage is for consumers, their prices can't generally be too high because they need to keep your business, so they have to have them low.]]> 2017-11-03 15:10:26 UTC https://padlet.com/jcastro31/r5imyu89pita/wish/203330026 jcastro31 https://padlet.com/jcastro31/r5imyu89pita/wish/203339308 1) Broadcast TV is reported to have hit 70.4 billion this year in advertising.
2) ESPN charges $7. 21/ Monthly, and because of the price, "has lost more 11 million subscribers since 2011". http://time.com/money/4700663/cable-prices-most-popular-tv-channels-espn-abc-discovery-hbo/
3) There are really 4 big national broadcast networks: FOX, NBC, ABC, CBS, as well as others but these are the most prominent. ]]> 2017-11-03 15:26:51 UTC https://padlet.com/jcastro31/r5imyu89pita/wish/203339308 jcastro31 https://padlet.com/jcastro31/r5imyu89pita/wish/203343857 1) NBC earned 7.3 billion dollars in 2016, needless to say they earned a lot of profit.
2) Fox news offers a segment called 'The Five' and attempts to offer the viewership the best experience.
3) People can get some channels free:  ABC, CBS, NBC, FOX, and PBS, and choose to not pay for subscriptions to channels. ]]> 2017-11-03 15:34:55 UTC https://padlet.com/jcastro31/r5imyu89pita/wish/203343857 jcastro31 https://padlet.com/jcastro31/r5imyu89pita/wish/203344022 https://www.youtube.com/watch?v=0Gb4t1L2MH0]]> 2017-11-03 15:35:14 UTC https://padlet.com/jcastro31/r5imyu89pita/wish/203344022