Defining the quality of practice facilities

Assignment Help Microeconomics
Reference no: EM131789145

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?

Reference no: EM131789145

Questions Cloud

Calculate the number of equivalent units : Reconcile the number of physical units worked on during the period. Calculate the number of equivalent units
Performance measurements : Performance measurements. Which strategy makes the most sense when there are strong pressures for cost reductions and minimal demands for local responsiveness?
How does this differ from the general business world : Based on your readings, research, and personal knowledge, what do you see as potential barriers to effective strategic planning in the health care environment?
Discuss about the todays economy and the rapid changes : Given the realities of today's economy and the rapid changes occurring in business technology, all competitive advantages are short-lived.
Defining the quality of practice facilities : The quality of practice facilities for pro football players versus the practice facilities for the Power Five collegiate football players. Why?
Difference between the access and legitimacy paradigm : Which of the following is a difference between the access and legitimacy paradigm and the learning and effectiveness paradigm? ?
What makes an excellent webpage : Conduct a little research on websites, discuss the design and key components that should be included within a company's website.
How many litres of milk anne consume to maximise utility : Suppose Anne's utility function is u{x1, x2) = 17x1 + 20x2, where x1 is the litres of milk and x2 is litres water that she consumes.
Apply facts from your situation to the applicable law : Clearly summarize lessons learned from the week as they apply to your fact pattern and make links to the readings and/or module.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd