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| 1894; 1st wireless communication |
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| 1st wireless communication |
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| Marconi sold to RCA (later NBC) |
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| Media outlets try to attract enough of an audience |
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| to obtain a dominant share of a particular market |
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| made sure there was enough frequency. Refused to issue TV licenses until problems solve |
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| problems addressed in the "TV Freeze of 1948" |
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| co-channel interference, the lack of channels, develop color TV |
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| "TV Freeze of 1948" lasted |
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| first female commissioner of the FCC |
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| positions, money dependent on |
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| November, February, May and July |
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| types of market structure |
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| monopoly, oligopoly, monopolistic competition, perfect competition |
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| single seller of a product exists and dominates the market |
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| three or more sellers of a product |
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| broadcast television stations |
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| operate in an oligopoly market |
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| when many sellers offer similar products that are not perfect substitutes for one another |
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