Question 15 (1 point)

True or false: In a league with 100% revenue sharing among teams, it is always best from the owners' perspective for the league's Noll-Scully measure to be as low as possible.

Question 15 options:

	True
	False

Question 16 (1 point)

The Yankees and the Mets share the baseball market in New York. If the Mets moved to a much smaller city without a current MLB team (but kept their name) would we expect Mets ticket prices to rise, fall, or neither?

Question 16 options:

	Rise
	Fall
	Neither
	Economic theory gives us no prediction

Question 17 (2 points)

It is difficult to estimate the MRP of point guards in basketball, compared to hitters in baseball, because:

Question 17 options:

	(a) Basketball is a complex invasion sport
	(b) There are fewer players on the court in a basketball game
	(c) Baseball has a much longer history in North America than basketball
	(a) and (b)
	(a) and (c)
	(b) and (c)