Suppose the federal government declared that since professional athletes are not more important than experienced school teachers,

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Suppose the federal government declared that since professional athletes are not more important than experienced school teachers, no professional athlete could from this time on be paid more than $50,000, with violators punished by 10 years in jail. How would this affect on the professional sports market now and in the future?

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Principles Of Microeconomics

ISBN: 9780812224177

1st Edition

Authors: Eugene Silberberg And Gregory Ellis

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