EBK THE ECONOMICS OF SPORTS
EBK THE ECONOMICS OF SPORTS
6th Edition
ISBN: 9781351684491
Author: LEEDS
Publisher: YUZU
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Chapter 2, Problem 1DQ
To determine

Identify the demand for basket ball at the college or university.

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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 goodwill of their schools but it is a factor beyond the control of school.

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