Sport Econ

Anonymous
timer Asked: Dec 13th, 2018
account_balance_wallet $35

Question description

answer final exam questions which are attached. (Skip research quastion in the last page). 11 queastions, pick three in the first part, one in the second one, and two in the third part

Sport Econ
img_3403.jpg
Sport Econ
img_3404.jpg
Sport Econ
img_3402.jpg

Tutor Answer

Hellenath
School: Purdue University

Attached.

Sport Economics
Name of Student
Institution Affiliation
Date

Part 1
Question 1
The cost/benefit analysis an athlete might undertake in deciding whether to participate in a (nonplayoff) bowl game exist since that there must be a common unit of measurement. In order to reach a
conclusion as to the desirability of whether to participate in a (non-playoff) bowl game, positive and
negative, must be expressed in terms of a common unit; that is, there must be a "bottom line." The
most convenient common unit is money. This means that all benefits and costs of a project should be
measured in terms of their equivalent money value. A program may provide benefits which are not
directly expressed in terms of dollars but there is some amount of money the recipients of the benefits
would consider just as good as the participant’s benefits. The value of that benefit to an athlete
recipient is the minimum amount of money that that recipient would take instead of the medical care in
case of injury. This could be less than the market value of the medical care provided.
The considerations that lead some athletes to participate while others chose not to play can be analyzed
through the principle that valuations should represent consumers or producers and valuations as
revealed by their act...

flag Report DMCA
Review

Anonymous
Good stuff. Would use again.

Similar Questions
Hot Questions
Related Tags

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors