A production function shows the output or total product as more of the variable input, in our case labor is added. The function shows the regions of increasing marginal product, decreasing marginal product, and negative marginal product.
Nexstar Broadcasting Group is an American telecommunications company that is owned by the shareholders and headquartered in Irving, Texas.
âThere will not be African-American ownership at the very top, and I think that makes a difference,â said James Winston, executive director of Washington-based National Association of Black Owned Broadcasters. Viacom Inc., the media powerhouse that owns CBS and the MTV and Nickelodeon cable TV channels, is paying about $2.3 billion in stock for BET Holdings and will assume $570 million in debt. It was believed to be one of the biggest buyouts ever of a black-owned business, although the prices for some sales have never been disclosed.