How an nhl team leaving town in the small market

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Reference no: EM132176434

Question - Set up the two team, fixed talent model with two NBA teams (one small market, one large) and label on your graph the winning percentage for each team, marginal revenue, average revenue, price of talent, and payrolls. (Label all curves and axes.)

Expand on your two team, fixed talent model with NBA teams to show how an NHL team leaving town in the small market (assuming NHL is a substitute for NBA) will affect player salaries and competitive balance. (Both show and state whether the effect is positive, negative, or zero).

Reference no: EM132176434

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