Question

Discuss imperfect competition in sports and the pay associated with it. Is it always fair?

Discuss imperfect competition in sports and the pay associated with it. Is it always fair?

Homework Answers

Answer #1

Consider that there are different sports where all the sports arent equally popular and it can be mentioned that the popularity of speech sport results in the mountains that is generated where the popularity is directly proportional to the income. consider a sport which is more famous in one country for one reaction and with that it generates more revenue in with this the players of that particular sport are paid more when compared to that of the players of other sports of that region. In medical terms this difference in pe isn't valued because all the sports must be treated equal but in terms of business the amount of revenue is dependent on the popularity of the sport and that is why the paper popular sport is high and you cannot deny this fact where it is fair in this terms.

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