Suppose that most of the teams in a given league are owned by individuals, while two are
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Suppose that most of the teams in a given league are owned by individuals, while two are owned by corporations. If the profits of the individually owned teams rise, but that of the corporate-owned teams remains flat, is it fair to say that this is an inferior ownership structure? Why or why not?
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The assessment of whether an ownership structure is inferior or superior depends on various factors and its not solely determined by the profitability ...View the full answer
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Saikumar Ramagiri
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