There are a variety of factors that influence our decision to attend sporting events. These factors include: fan motivation, game attractiveness, economic factors, competitive factors, demographic factors, stadium factors, value of sport to the community, sports involvement, and fan identification. For this discussion, list and describe the two types of economic factors that can affect game attendance.

Q: measure competitive balance with what?

A: Competitive balance in sports is measured by the uncertainty of the outcome in a particular game or…

Q: Do you think sporting arenas should be funded with public money? Yes or No?

A: Public goods refer to those goods which exhibit the features of non-excludability and non-rivalry in…

Q: The following Graph represents the percentage of goods and services offered by several…

A: Here we are given various industries and their respective composition of providing goods or…

Q: This is another incentive diagram question. Probably my favorite of the diagrams is the fixed…

A: Environmental economics is a part of economics that deals with the allocation and decision-making…

Q: Lesson 12 Question 2

A: The correct answer is d. likely to be inefficient as some of the industry's output is not produced…

Q: Problem 3 - Should I become professional athlete? Suppose a consumer who has to decide if she wants…

A: The budget constraint is the total number of bundles that a consumer can afford based on their…

Q: If the Price of gasoline falls: Group of answer choices   The quantity demanded for gasoline will…

A: Cost of Production In economics, the cost of production incorporates all the expenditures that the…

Q: List 5 negative externalities that are associated with hosting Olympics and other major sport…

A: Externalities  A cost or benefit that a producer creates but does not personally incur or enjoy is…

Q: If a Customer or Supplier to my company offered me and my family free tickets to a coveted sports…

A: In a market, consumers and suppliers are the stakeholders of a company and they have direct relation…

Q: Problem 3 - Should I become professional athlete? Suppose a consumer who has to decide if she wants…

A: Since you have asked a question with multiple sub-parts, we have answered the first three sub-parts…

Q: The Sanity Code: a. Banned all payments to college athletes b. Allowed for financial aid to college…

A: Sanity code allowed colleges to give scholarships and jobs to athletes based on their needs.

Q: QUESTION 3 The Sports Broadcasting Act of 1961 allowed teams in the National Football League (NFL)…

A: DISCLAIMER “Since you have asked multiple questions, we will solve the first question for you. If…

Q: Assess South Africa’s FDI performance between 2010 and 2018 and comment on the effectiveness of…

A: Foreign Direct Investment refers to the investment made by a company or individual in one country…

Q: The move of which professional team gave other teams much more bargaining power with their local…

A: The question is asking about a significant event in the history of professional sports where a…

Q: Investigate the issues regarding public/private/cooperative financing of sports organizations.

A: In the sports organization, finances can be i) having a less comprehensive policy, legal and less of…

Q: Mention an example of each point. Number of buyers vs. suppliers: If the number of buyers is small…

A: The number of buyers and sellers determines the structure of the market.

Q: Game theory is: a) a view on the development of children's games and toys. b)the analysis of…

A: Game theory refers to a branch of mathematics and economics that studies strategic decision-making.…

Q: value of the land. The more planes that fly, the lower is the amount of profits that the developer…

A: Airports total profit = 48X - X2 Developers total profit = 60Y - Y2 - XY

Q: Question 3 During the          ["Tang", "Sui", "Song"]         dynasty, sports became less…

A: The period of the Tang dynasty was a time of rapid growth in China, where the economy flourished to…

Q: Which one of the following is not a role of a National Governing Body?   Question 22Answer a.…

A: The objective of the question is to identify the role that is not typically performed by a National…

Q: Without the use of private financing, identify three ways to fund a new sport facility the place is…

A: The new sport facility would be funded by government.

Q: Use the following information for questions 3-6.  The columns indicate the number of trains running.…

A: When there is a bargaining, it requires both the party $40. If the farmer wants to reduce the number…

Q: For a two-good economy with a PPF, an increase in the amount of resources will result in: a parallel…

A: We will answer the first question since the exact one was not specified. Please submit a new…

Q: What is the value of autonomous consumption?

A: Consumption function: C = c + MPC * Y Where C is consumption c is autonomous consumption. It is the…

Q: Use a real-life example to describe the following allocation methods. Hint: Use family, friends,…

A: 1. There are different methods used to allocate scarce resources to the people and the main amongst…

Q: Chapter 10 addresses that a team can have possibly six types of individuals who could hinder a team…

A: There are many factors that can affect any team member's performance: 1- Communication skills  2-…

Q: The move of which professional team gave other teams much more bargaining power with their local…

A: The challenge is determining which professional sports team's move significantly affected the sports…

Q: In January 2012, the Obama administration rejected the first proposal to build this pipeline,…

A: Answer; To shift a country towards a cleaner, greener energy future an individual can take steps…

Q: In most jurisdictions across Canada, including British Columbia, smoking is banned in all indoor…

A: Fairness or justice in the distribution of resources or outcomes is termed 'equity'. It implies that…