monopoly

Cable TV Companies are a monopoly. It is because of the fact that they have complete power over a certain area. Following the law of supply and demand, if the supply is low then the clamor for it is high, and because the demand is high. They have the power to maximize the amount of money they will charge their customers. This is how Cable TV Companies are able to monopolize.

With regards to the fact that there are different forms of entertainment that can, nonetheless, satisfy one’s need for music, movie or sitcoms through direct satellite, movie theaters and radio. But the fact remains that Cable TV Companies are a monopoly, it is because of man’s unlimited wants and needs. It is a fact that there are different ways to meet one’s need for entertainment but there will always come a time when they would experience scarcity. The fact remains that because of Cable TV’s great number of shows available, the need for entertainment is immediately satisfied. As for those direct satellite, movie and radio entertainment, they provide only a limited amount of programs that doesn’t always satisfy one’s need for other things.
One of the proofs here is a person who loves watching nature program and is constantly in search for them, if this person is using a direct satellite he might find some nature program that would last for an hour or so but must be replaced by a new show later on, but if this person has a cable tv, he would be able to access different nature programs of his choice: National Geographic Channel, Discovery Channel, Animal Planet, etc.

***Submitted for my brother to a friend of his

**I made this in a rush.. for like a couple of minutes

*This taught me something really nice :)