The owners of professional sports teams, such as those in the NFL, make collective decisions and agreements about sharing merchandising and television revenue, adding or disallowing expansion teams, and the scheduling of games. These decisions and agreements reflect that of a
a. monopoly
b. cartel
c. conglomerate firm
d. vertical merger
e. competitive industry
B
Economics
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Who almost always wins the "two-level game"?
a. international partners b. politicians c. domestic constituents d. manufacturers
Economics
When the U.S. dollar rises in value relative to the Mexican peso, the dollar has ________, and when the dollar falls in value, it has ________
A) grown; shrunk B) grown; shrunken C) been bullish; been bearish D) depreciated; appreciated E) appreciated; depreciated
Economics