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Suppose that there are two grades of professional football players. There are a restricted number of "stars," whom the fans most want to watch, and an unrestricted number of "non-stars." There are only some stars to fully staff every team, but there are enough for a few to be on each team if an owner decided to hire them.
a. Assume that football teams keep all the "gate" and TV revenues they generate and that players are free to choose their teams at the end of every season. Does a star earn more than non-stars? How are the salaries of each group determined?
b. Continue to assume that players are free to choose their teams, but assume now that teams agree to share all their gate and TV revenues equally (they put them into a "pool" and divide it equally among the team owners). What happens now to salaries of stars and non-stars?
By what percentage do the total assets decline by bank. By what percentage does the bank's capital decline. Illustrate which change is larger.
Suppose each of the five sellers can supply at most one unit of the good. Elucidate the price when market quantity supplied is exactly 3.
You are using a sample size of 15 for your charting purposes. Which of the following is the upper control limit D4 factor for the chart.
The company wants to replace office equipment like machines and computer at assorted times over the five year planning period.
What What marketing strategies should Radiance pursue in the next five years? Explain why the strategies you select would best fit the organization. in the next five years? Explain why the strategies you select would best fit the organization.
Challenge of any merger that raises the HHI by 100+ points in a market where the HHI is above 1800 before the merger.
Using your understanding of the financial system, the demand for money, banking and the money provide, interest and spending, the stock market, interest and investment.
In country B the opportunity cost of 100 gallons of beer is 0.95 tons of cereal. Both countries can experience gains from trade if the exchange rate for a ton of cereal is 96 gallons of beer
Assuming fuel is one of the main inputs for many sectors. When a war breaks out in Country X, which is the main producer for fuel in the world, it causes fuel supply disruptions in the world.
Tthe price of elasticity of supply is of apartment is 0.50 use the demand and supply curve to show the initial equilibrium point a.
Calculate Max's marginal utility from snorkeling at each number of hours per day. Does Max's marginal utility from snorkeling obey the principle of diminishing marginal utility.
Total hours worked, and average labor productivity all are procyclical. Which variable, output or total hours worked, increases by a larger percentage in expansions falls by a larger percentage in recessions.
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