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The Owners of Professional Sports Teams, Such as Those in the NFL

Question 45

Multiple Choice

The owners of professional sports teams, such as those in the NFL, make collective decisions and agreements about sharing merchandising and television revenue, adding or disallowing expansion teams, and the scheduling of games. These decisions and agreements reflect that of a


A) monopoly
B) cartel
C) conglomerate firm
D) vertical merger
E) competitive industry

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