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Author Question: The high pay of professional basketball players a. is earned despite the recent drop-off in ... (Read 157 times)

WWatsford

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on: Jul 1, 2018
The high pay of professional basketball players
 a. is earned despite the recent drop-off in popularity of pro basketball
  b. reflects the increased supply of skilled basketball players
  c. is not justified by the quantity of their play
  d. is due to the decline in quality of college basketball players
  e. reflects the limited supply of basketball talent and the growing demand for that talent

Question 2

The arrival of Michael Jordan, Larry Bird, and Magic Johnson in the 1980s increased the popularity of pro basketball. This led to
 a. an increase in the equilibrium quantity of professional basketball
  b. a decrease in the equilibrium quantity of professional basketball
  c. a decrease in the price of professional basketball tickets
  d. a decrease in pro basketball players' salaries
  e. an increase in the price of professional basketball tickets but no change in game attendance


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Pariscourtney

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Reply #1 on: Jul 1, 2018
Answer to Question 1

E

Answer to Question 2

A


WWatsford

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

juliaf

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Reply 3 on: Yesterday
Excellent

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