economic impact of facilitys
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Words: 1815
Pages: 7
(approximately 235 words/page)
Pages: 7
(approximately 235 words/page)
Essay Database > Recreation & Sports
showed first 75 words of 1815 total
showed last 75 words of 1815 total
teams. Ultimately, it is usually better to pay a monopoly an exorbitant price than to give up its product. Prospects for cutting sports subsidies are not good. While citizen opposition has had some success, cities will continue to compete against each other to attract or keep artificially scarce sports franchises. Given the profound penetration and popularity of sports in American culture, it is hard to see an end to rising public subsidies of sports facilities.
teams. Ultimately, it is usually better to pay a monopoly an exorbitant price than to give up its product. Prospects for cutting sports subsidies are not good. While citizen opposition has had some success, cities will continue to compete against each other to attract or keep artificially scarce sports franchises. Given the profound penetration and popularity of sports in American culture, it is hard to see an end to rising public subsidies of sports facilities.