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ECONOMIC ISSUES IN SPORT - Module 7
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Professional sports leagues can be classified as joint ventures between the owners in a given league.
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True
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Professional sports leagues can be classified as joint ventures between the owners in a given league.
True
The use of exclusive territories allows professional sports franchises a degree of __________ within their territory.
Market Power
Exclusive territories are one way that a league restricts _____________.
competition
Over recent history, North American professional sports leagues have initiated numerous rules changes which have been specifically designed to __________.
increase scoring
The supplementary article on the popularity of the NFL made the case that the league is popular, primarily due to ___________.
scarcity of games