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.
CBS also owns the Showtime pay TV network, publishing company Simon & Schuster and Infinity Broadcasting, which operates over 180 radio stations along with outdoor advertising properties. CBS Corporation was formed at the end of 2005, when the old Viacom corporation split into two independent companies: New Viacom and CBS Corporation.