Question:
The TV reporter for a network news show is walking through a cornfield with a downtrodden-looking farmer in Iowa. As they continue through the field, the farmer comments: “My family and I have worked real hard over the years to produce a good crop, but we hardly get much of a price for it. But when I see how much they want for corn and just about any corn products in the supermarkets, I can’t believe it. The consumer is paying a high price while I’m getting a very low price, so somebody must be making a lot of money in between.” The reporter then turns to the camera and in a melodramatic style intones: “As you’ve just seen, we’ve talked with a farmer who, in spite of all his hard work, can hardly make a living. But you and I both know how high prices are in the supermarkets. Are we being ripped off by a bunch of middlemen?” Comment on the farmer’s lament to the reporter and the reporter’s remarks to the TV audience in light of the relevant channel concepts discussed in this chapter.