Econ 2447 (Econ2447)

Econ 2447 Sports Economics First exam Spring 2018 T. Miceli Multiple choice (4 points each). Write your answer in the space provided. _d_1. Sports economics is concerned with (a) The business of professional and big-time college sports (b) The determination of player salaries (c) The structure of the contest on the field (d) All of the above _c_2. Win maximization (a) Is never the goal of a professional sports team (b) Is always the goal of a professional sports team (c) Should res...

ECON2447 answer key . ECON2447 Ch00 Homework Recall Ch01 QUIZ With respect to the demand for baseball tickets, what are the factors that cause movement along the demand curve? A change in the price of the ticket causes movement along the demand curve. What has determined the price of Honus Wagner's baseball card over time? As incomes have increased among baseball fans, demand for the card has increased. Supply has remain fixed. With a fixed supply, demand solely determines the price. H...

Econ 2447 Final Exam. __D_ 1. Sports economics is concerned with ● The business of professional sports. ● The organization of sports leagues. ● The objectives of teams and players on the field. ● All of the above. __D_ 2. Competitive balance in sports ● Means that fans value close contests. ● Is the reason leagues enact salary caps, luxury taxes, and reverse order drafts. ● Is the same thing as the Uncertainty of Outcome Hypothesis. ● All of the above. _B__3. In a spor...

Econ 2447 Sports Economics First exam Questions And Answers. Multiple choice (4 points each). Write your answer in the space provided. _d_1. Sports economics is concerned with (a) The business of professional and big-time college sports (b) The determination of player salaries (c) The structure of the contest on the field (d) All of the above _c_2. Win maximization (a) Is never the goal of a professional sports team (b) Is always the goal of a professional sports team (c) Should result ...

Econ 2447 Sports Economics First exam Spring 2021 T. Miceli Write your answer to all questions in the space provided. All questions are worth 4 points. Multiple choice. _D_1. Sports economics is concerned with (a) The business aspects of professional sports (b) The determination of player salaries (c) The optimal structure of sports leagues (d) All of the above _D_2. Competitive balance (a) Is an objective of most sports leagues because it maximizes aggregate fan welfare (b) Means th...

Econ 2447 Sports Economics D_ 1. Sports economics is concerned with ● The business of professional sports. ● The organization of sports leagues. ● The objectives of teams and players on the field. ● All of the above. D_ 2. Competitive balance in sports ● Means that fans value close contests. ● Is the reason leagues enact salary caps, luxury taxes, and reverse order drafts. ● Is the same thing as the Uncertainty of Outcome Hypothesis. ● All of the above. _B 3. In a spor...