have been reality shows bill arter new york times may

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Unformatted text preview: at could be labeled phenomenal hits in the last four years, all but one . . . have been reality shows.” —Bill Arter, New York Times, May 19, 2003 Soon not only was CBS airing more reality shows, but NBC and ABC quickly came out with reality shows of their own. After all, everyone wanted to earn big profits. Over time, other reality shows hit the air waves: For Love of Money, Fear Factor, Meet My Folks, The Restaurant, Average Joe, Paradise Hotel, The Amazing Race, Big Brother, The Apprentice, The Bachelor, The Bachelorette, Tommy Lee Goes to College, and many more. In 2004, four years after the first Survivor, some reality shows were earning big profits for their networks. For example, a 30-second spot on Survivor was selling for $327,000 and earning CBS an annual profit of $73 million. A 40. A numerical chart like this one that illustrates the law of supply is called a supply schedule. We can also show the law of supply in picture form by plotting the data in the supply schedule, as in Exhibit 5-1(b). Point A is the first combination of price and quantity sup- 30-second spot on American Idol, considered a reality show, was being sold for $414...
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