There Is Concern That Youth Sport Programs Are Becoming Increasingly

question 39

True/False

There is concern that youth sport programs are becoming increasingly institutionalised and over-organised.

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Definitions:

Comparative Advantage

The capacity for a person, business, or nation to generate a product or service with a smaller opportunity cost compared to its rivals.

Competition

Rivalry among business firms for resources and customers.

Absolute Advantage

The ability of a country, individual, company, or region to produce a good or service more efficiently than its competitors when using the same amount of resources.

Opportunity Cost

The benefit that is missed or given up when choosing one alternative over another.