At the time of the national football league strike in 1987

Assignment Help Microeconomics

Reference no: EM13373678

At the time of the National Football League strike in 1987, the football owners made available the following data:

Revenue
Source of Revenue Before the Strike During the Strike
Television $973,000 $973,000
Stadium gate 526,000 126,000
Luxury box seats 255,000 200,000
Concessions 60,000 12,000
Radio 40,000 40,000
Players' salaries and costs 854,000 230,000
Nonplayer costs (coaches' salaries) 200,000 200,000

(a) Compute total revenues, total expenses, and profits both before and during the strike.

Before Strike During Strike

Total revenue

Total expense

Total profit

(b) Who was better positioned to endure the strike? A 5 NFL owners B 5 players

Reference no: EM13373678

Questions Cloud

Formal report topic this assignment is based on you : formal report topic this assignment is based on you choosing two possible career choices you would recommend to an

Answer the questions belowwhat is a survey what is the : answer the questions belowwhat is a survey? what is the purpose of a survey? give examples of types of surveys or

You need to responses to this questions about acawhat : you need to responses to this questions about acawhat provisions of aca are intended to reduce or increase directly the

Ethics principles the non-profit josephson institute : ethics principles the non-profit josephson institute lists six pillars of character that are basic values that

At the time of the national football league strike in 1987 : at the time of the national football league strike in 1987 the football owners made available thefollowing data

1 do you think that the reproductive roles of males and : 1. do you think that the reproductive roles of males and females influences gender roles? for example is the notion

Qestionnbsp considerthefollowingsimplemacromodelas p ao : questionnbsp considerthefollowingsimplemacromodelas p ao bywhere ao b c d gt 0 and ao lt c. a

Nbspsocial psychology paper scenario sarah is a 15-year-old : nbspsocial psychology paper scenario sarah is a 15-year-old caucasian girl who just started her sophomore year of high

We begin our discussion exploring the hypothesis that : we begin our discussion exploring the hypothesis that disorders are as or more prevalent than in earlier periods. mood

User Account

All Pages