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- How are equality and equity different concepts in sport? In baskexplore how equity is, in fact, a more worthwhile goal than equality. Explain how equality would not be equitable for all people.Explain how the presence of a superstar basketball player can increase the marginal revenue product of the other players on the team.12. Revenues for each of the four teams in the professional Nintendo® gaming league are given below: a. Which of the following diagrams correctly displays the Lorenz Curve for revenues in this league? Team George Team Paul Team Ringo Team John % of all revenues C. % of all REVENUES $40,000 $10,000 $20,000 $20,000 % of all teams % of all b. d. zbo % REVENUES % of all REVENUES % of all teams. of of all
- Read the excerpt from "First Generation" of Dreaming in Cuban, by Cristina Garcia. She considers the vagaries of sports, the happenstance of El Líder, a star pitcher in his youth, narrowly missing a baseball career in America. His wicked curveball attracted the major league scouts, and the Washington Senators were interested in signing him but changed their minds. Frustrated, El Líder went home, rested his pitching arm, and started a revolution in the mountains. Which best explains how Garcia's word choice helps establish her voice in the excerpt? Garcia uses short, forceful words to assert a pessimistic opinion on fate. Garcia uses formal, academic language and location words to suggest a theory about fate. Garcia uses American baseball terminology to suggest fate's defeat. Garcia uses words with positive connotations to suggest an optimistic outlook on fate.How are equality and equity different concepts in sport? In basketball explore how equity is, in fact, a more worthwhile goal than equality. Explain how equality would not be equitable for all people.(6) What does efficiency-wage theory suggest as an alternative to this decision of wage and/or headcount reduction?
- Economists argue that most professional athletes earn economic rent because they A - make additional income through commercial endorsements B - able to participate in sports for only a limited number of years before changing occupations c - earn far more as professional athletes than they could earn in their next-best occupation why is the answer c? please explainFrom an economic perspective, the efforts of professional football, baseball, and basketball players in the United States to win the right to become free agents was really an effort to a. Raise wages to the level of the players' MRP. b. Raise wages to competitive levels. c. Reduce the supply of professional players and thus increase wages. d. Raise wages above the level of the players' MRP.9. What could the community, state, or national government do to help workers like Mary? How could the community, state, or national government help Mary’s company promote healthy behaviors?
- 3:22 l LTE Question 11 Unanswered 2 attempts left Many professional sports teams operate under a salary cap. This means that teams typically have a fixed amount of money that they can spend on players' salaries - that is, a salary cap. This is true of the National Basketball Association (NBA), for example. Suppose that the NBA has a salary cap of $100 million dollars, and a team has $30 million available to sign new players. That is, $70 million has already been committed to player salaries. The team has two further possibilities: either sign a star player for $30 million, or sign two good, solid supporting players for $15 million each. What is the opportunity cost of signing the star player, assuming the team spends its full budget? A 2 supporting players 1 star player $30 million D There is no opportunity cost B.Explain what the invariance principle is within the sports labor market? What does this mean about the measures leagues put into place to promote competitive balance, like the reverse order draft?45. Some critics feel that Revenue Sharing simply creates a welfare class of teams that try to turn significant profits by keeping their payroll down while putting less emphasis on winning championships. O True O False Question 46 46. In the RDA calculation, Player Contract Rights are deducted each year as a "salary expense" while the Player Contracts are depreciated over a period of years. O True O False