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1. Which is more "cartel-like", the English Premier League or the NCAA?
2. Describe two *economic* concepts addressed in the Moneyball discussion.
3. What was Flood vs. Kuhn, and what is the economic relevance of this case?
4. Briefly explain why small colleges, like Erskine or Winthrop, have sports programs.
5. Describe how a luxury tax affects competitive balance.
6. Is there a direct impact from a player's salary on the price of game tickets?
Presently the bond is priced to yield a return of 5% per year. Illustrate what is the bond's current market price.
Maintenance expenses for a bridge on a local river are estimated to be $30000 per year for the first 10 years,followed by two separate $80000 expenditures in years15 and20.The expected life of the bridge is 30 years.ifi=7% per year, what is the equiv..
Question Douglas and Dena paid the following amounts of interest during 2010: Calculate the amount of their allowable deduction for investment interest for 2010. Calculate the amount of Douglas and Dena's total allowable deduction for interest for 20..
Cost-push inflation can be called
Calculation of the unemployment rate and part time workers who would prefer to work full time.
Please read Business Case 10.3 - Inside Traders or Astute Observers:
q1. consider a firm as we did in the notes that maximizes it profits by selecting how many workers and how much capital
If the demand equation is given by Qd=10-P and the supply equation given by QS=P then the value of the consumer surplus is equal to what?
Many business' think that their only responsibility is to the share holders or owners- That is, to make the most amount of profit possible or to keep the stock price high. Do you think this is a sustainable strategy? Who else is a business responsibl..
An airline's flight is about to take off. It has a few empty seats left aboard. If it lowers its prices, it can fill the remaining seats and fly at full capacity. What should be done?
To maximize profits, monopolists with always set a higher price in markets with more inelastic demand curves. Monopolists typically prefer not to segment markets. On Black Fridays, most retail outlets have major store wide sales. Yet, as one of the b..
Rising oil prices during the 1970s shifted flower production from califonia to kenya. Which of the following answers explains this shift?
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