Media Economics

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App

Questions and Answers

Which market structure in media economics involves a single firm dominating the market and having significant control over pricing and content diversity?

  • Monopoly (correct)
  • Oligopoly
  • Monopsony
  • Perfect Competition

What is the term used to describe the ownership of multiple media outlets by larger conglomerates?

  • Media Consolidation (correct)
  • Oligopoly
  • Perfect Competition
  • Monopoly

Which market structure in media economics involves a few large firms dominating the market and having some control over pricing and content diversity?

  • Oligopoly (correct)
  • Monopsony
  • Perfect Competition
  • Monopoly

Which market structure in media economics involves many small firms competing against each other, with no single firm having significant control over pricing and content diversity?

<p>Perfect Competition (B)</p> Signup and view all the answers

What does media economics refer to?

<p>The study of the financial and economic aspects of the media industry. (B)</p> Signup and view all the answers

Flashcards are hidden until you start studying

More Like This

Economics and Business of Journalism
20 questions
Media Management Overview Quiz
8 questions
Culture Industry and Media Economics
8 questions
Media Economics
15 questions

Media Economics

PromisedJasper4112 avatar
PromisedJasper4112
Use Quizgecko on...
Browser
Browser