solved Reading reflection of Croteau & Hoynes “Economics of the Media

Reading reflection of Croteau & Hoynes “Economics of the Media Industry” (pages 64-79) in Media/Society (2019). In your reading reflection, you should include these 3 elements:What is the main argument of the reading? (1 sentence – 1 point)How does the author make their argument? You may answer this question by pointing to a piece of evidence or examples the author provides. Alternatively, you may also answer this question by selecting a key term/vocabulary/concept the author uses and explaining what this term means. (1-2 sentences – 1 point)Pose a question. For your question, you might want to ask, for example, if the author’s analysis can be applied to another particular situation or context, or you may try to link it to other concepts from the course, or may want to challenge the author’s view, or you might want to ask for clarification about a particular concept or idea posed by the author. (1 sentence – 0.5 points)