Question
1. how are monopoly power and monopoly different? Explain the similarities and differences. 2. Can a firm have competitors and have monopoly power? 3. How
1. how are "monopoly power" and monopoly different? Explain the similarities and differences.
2. Can a firm have competitors and have "monopoly power"?
3. How does the NCAA behave like a monopoly?
4. What is a monopsony? How is the NCAA a monopsony?
5. Provide example as to how the NCAA has monopoly power?
6. Does the NCAA behave like a cartel? If so, how?
7. What do you propose should be done to make the NCAA market behavior more equitable to players? Fans? Colleges and universities? Does economic choice weigh into your decision?
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Public Administration And Law
Authors: David H Rosenbloom, Rosemary O'Leary, Joshua M Chanin
3rd Edition
1439803986, 9781439803981
