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Graph equilibrium in the talent market, assuming that there is a large-market team and a small-market team. Assume the large-market team's MR curve is higher

Graph equilibrium in the talent market, assuming that there is a large-market team and a small-market team. Assume the large-market team's MR curve is higher than that of the small-market team. Show what will happen if a recession reduces fan income in the large market. Briefly summarize and explain the impact on the equilibrium winning percentage.

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