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Question: One of the big differences between the National Football League and Power Five conference college football is that professional athletes receive payment for their services while collegiate athletics is strictly regulated by the National Collegiate Athletic Association (NCAA) with athletes not permitted to receive any benefits other than scholarships, some living expenses, books, and fees. (Yes, we all know that colleges do slip money to players, although it hardly matches what one might make in a salary.) Collegiate teams also have players who are walk-ons (no athletic scholarship) and players on partial scholarships. Given these restrictions and constraints, what can we predict about the following?
A. The quality of practice facilities for pro football players versus the practice facilities for the Power Five collegiate football players. Why?
B. The number of players permitted on the roster of pro football teams versus collegiate football teams. Why?
Be prepared to explain how credibility might affect cost of reducing inflation. Be prepared to explain why some economists are against target of zero inflation?
The demand for polished bronze is given by P = 100 - Q/2. Production of polished bronze is controlled by Bronze Indentify BIs profit maximizing output and price. What is the cost to the town of removing the mercury pollution?
Assume your firm manufactures 3 million hard drives per year specifically for Dell laptop computers and subsequently renegotiates to only purchase for $26.8/unit, how much has Dell increased its own profits
(a) Find Clear Vision's profit-maximizing output and price. Determine the resulting profit for Clear Vision. (b) Suppose that Box City imposes a (specific) tax of t = $1 per unit of service. Find Clear Vision's new profit-maximizing output, price, ..
Taxes greatly influence U.S. economy. Because of this influence, it is good to know the effects they have in the economy and on a personal level. Complete the following to gain a better idea of the various types of taxes, their influences, and how th..
Which economic systems would be most suitable for a country: centrally planned, mixed economy, or market economy? Since Canada is the #1 trading partner with the USA, focus specifically on Canada.
Is there which you can do to hedge your bet. That is, is there some way to ensure that you won't lose all of your money in case the value of the franc plummets.
The public tends to view trade deficits with alarm while macoreconomics claims that trade deficits can actually be usefull for the economy. Discuss the macroeconomists position on trade defilicts
Assume an economy in long and short run equilibrium in the Aggregate Deamnd/Aggregate Supply model. There is a sudden drop in consumer confidence in the solvency of pension funds. Explain, with support from a graph, how this is shown in the AD/AS ..
However, they now decide to specialise in producing the product that they have a comparative advantage and trade their products in the world market. What are the total gains from trade?
Each individual on a team will use the PESTEL framework to analyze the POLITICAL, ECONOMIC, SOCIAL, TECHNOLOGY, ENVIRONMENTAL AND LEGAL opportunity
Considering your country and generally considering the knowledge of economics, what are the four main economic goals in our countries irrespective of whatever political party is in power?
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