Chapter 10

Sports Economics

Section 11: Review Questions - Can cost-benefit analysis tell us how much to spend in subsidies to sports teams? Explain.

Section 11: Review Questions - What is economic impact analysis (EIA)?

Section 12: Review Questions - Under general obligation bonds, hotel and rental car taxes are sometimes used to generate revenue for the bond payments. With this method, who pays for the subsidy? Is this fair? And why are these types of taxes politically attractive?

Section 13: Advanced Problems - Which pro sport would produce the most positive economic impact for a community? Why?