At the time of the National Football League strike in 1987, the football owners made available the following data:

Total Team Revenues and Costs Source of Revenue Before the Strike During the Strike Television $973,000 $973,000 Stadium gate 526,000 126,000 Luxury box seats 255,000 200,000 Concessions 60,000 12,000 Radio 40,000 40,000 Players’ salaries and costs 854,000 230,000 Nonplayer costs (coaches’ salaries) 200,000 200,000

(a) Compute total revenues, total expenses, and profits both before and during the strike.

Before Strike During Strike Total revenue Total expense Total profit

(b) Who was better positioned to endure the strike? NFL owners or the players?