. Question Completion Status QUESTIONT There has been a is of public dicunion of NCAA Mobil payin choking ia nod play in bowl games in ora to stay healthy, How doas the whales decisions to play or not to play inflect economic theory? BIUS Per graph E I. QUESTION : Use the courage of diminishing marginal unlity to explain why the average price for a ticket in a Cleveland Cuanhams (MI H) game is 512 you the average price for a Cleveland Brown (NFL) BIUS EWOT (QUESTION & 2 points What is the most likely pitfall in economic thinking that relates to the following statement? Explain Increasing revenue sharing will increase competitive balance because the big market teams will transfer revenues to small market teams, who will buy more talent and increase their win porcontage. For the toolbur, PCM ALT-PIO PPC er ALT-FN-F10 (Mack, Ariel I. FQUESTION 5 What is the most likely pitfall in economic thinking that relates to the following statement? Briefly explain. The rising wages will cause the value of the players to rise also. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac]. BIUS Paragraph Arial 10pt E A T. E x' X, VQUESTION 3 2 points What determines the value of a player to the team? List as many factors as you can think of and refer to any principles of economics discussed in class that may limit the affectiveness of determining a players true value For the toclear. press ALT F10 (PC) or ALT-FN FIO (Mack B / US Paragraph 1opt A I. T