NOAA Weather Radio typically recorded once per hour, and are broadcast at 5 or 10, and at 15 minutes past the hour. A complete detail of current weather conditions (current sky condition, temperature, dew point, humidity, wind speed/direction and barometric pressure) for the main reporting station in the station's city of license. NOAA Weather Radio All Hazards has a multi-tier concept for forecasting or alerting the public to all types of weather. Actual forecasts vary by the area that the transmitter serves. During severe weather situations, Watch Information Statements for government-designated jurisdictions served by the local NWR station are typically inserted within the
Zero-profit condition Zero-profit condition In economic competition theory, the zero-profit condition describes the condition that occurs when an industry or type of business has an extremely low (near-zero) cost of entry. In this situation, many people tend to join the industry, seeing the opportunity to make money, until there is no more money to make (supply exceeds demand); the large amount of competition limits each person's share of the market, as well as their ability to pursue a large profit margin. This would represent a situation of almost perfect competition. For instance, despite the real estate boom of the mid-2000s, the incomes