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Sports Econ Final Review
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Who was Lou Thesz and how did he understand sports as entertainment?
Wrestler who said that all sports are essentially sports entertainment. While it doesn't have the same competitiveness as other sports all other sports are turning to becoming sports entertainment in order to keep customers coming back (three point line, Designated hitter)
What is the concept of thinking at the margin?
Considering marginal costs and benefits when evaluating decisions
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