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|Question C2: In modelling the demand for soccer using match-level data, explain the distinction between relative quality and absolute quality. Provide appropriate examples for each
|Question C2: In modelling the demand for soccer using match-level data, explain the distinction between relative quality and absolute quality. Provide appropriate examples for each and explain how they may be measured empirically. Whid'l are likely to be the more important in determining spectator demand for soccer? Explain your answer. [25 marks]
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