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Question 18 The Kansas City Royals (MLB) are considered a small market team while the Kansas City Chiefs (NFL) are not. Which of the following

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Question 18 The Kansas City Royals (MLB) are considered a "small market" team while the Kansas City Chiefs (NFL) are not. Which of the following best explains this view? The Royals draw fewer fans than the Chiefs Correct! The Royals rely more on local, as opp sed to national, broadcasts for their media revenue. The Royals have a much smaller stadia The Royals have to share more of their revenuew us than the Chiefs do. lanswered Question 19 0/2 pts Suppose that each team in a league has a demand curve for generic advertising (a league-wide campaign that is NOT team-specific) given by the following: QD = 1000 -5P Q: number of ads P: $/ad If there are 20 teams in the league, and the price of advertising is a constant $175 / ad , how many ads will the league wish to purchase? 125 2500 rect Answer 0956 165 Quiz Score

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