Rodney Fort examined a possible trend in media provider ownership of sports franchises that could boost the
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Rodney Fort examined a possible trend in media provider ownership of sports franchises that could boost the price of franchises. This makes current owners wealthier, but they would have to sell out to realize the gain. As a result, “while resources move to a higher valued use, not all will be happy with the outcome.”
a. Who would be unhappy?
b. Can an existing owner be worse off as a result?
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