The purpose of the "draft" developed by owners' associations in many professional sports is to
A) assure all players at least a minimum salary.
B) control competition among owners for the services of players.
C) control competition among players.
D) control competition between players and owners.
E) keep all teams at roughly equal competitive levels.
B
You might also like to view...
The table above presents the production possibilities frontier for a nation
Using the information in the table, when moving from possibility C to D, the cost of 1 unit of a capital good in terms of the consumption goods forgone is ________ consumption goods per capital good. A) 10 B) 25 C) 15 D) 20 E) an undefined amount of
Price cap regulation
A) does not provide incentives to firms to minimize their costs because firms cannot change prices. B) sets the maximum price these firms can charge. C) gives firms the incentive to exaggerate their costs. D) Both answers A and C are correct. E) Both answers A and B are correct.