The Economics of Sports
6th Edition
ISBN: 9781138052161
Author: Michael A. Leeds, Peter von Allmen, Victor A. Matheson
Publisher: Routledge
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Chapter 2, Problem 1DQ
To determine
Identify the
Expert Solution & Answer
Explanation of Solution
There are many factors, which determine the location of demand curve for basketball at the school or university. An individual can classify the factors as the factors within the control of school and beyond the control of school. The main reason for a basketball location in the school is the talent of the people and the school’s interest in the sports. To fulfil the interest they will seek the financial support, support of students, staffs, and parents. From these factors, a school can manage the financial requirements by raising funds. They can also find the help of sponsors for the same. Also, the support of staffs is an important factor to build a great sport team in the school. Also, the motivation and support of parents help to build the career of the child and also the
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