Asked by
Toine Stapel
on Oct 27, 2024
Verified
Critics of the National Collegiate Athletic Association (NCAA) argue that the NCAA monopolizes college athletics and prevents student athletes from earning money while in college.If this is true,what type of entry barrier does the NCAA have?
A) a patent
B) a copyright
C) control of a scarce resource or input
D) economies of scale
NCAA
The National Collegiate Athletic Association, an organization that regulates athletes of many U.S. colleges and universities, setting eligibility criteria and organizing sports competitions.
College Athletics
Organized sports and physical competitiveness among universities and colleges as part of the educational experience.
- Determine the sources and categories of monopoly influence.
- Recognize and comprehend obstacles to entering monopolistic markets.
Verified Answer
DJ
Learning Objectives
- Determine the sources and categories of monopoly influence.
- Recognize and comprehend obstacles to entering monopolistic markets.