Based Upon the Pollard (2006)model,seven Different Factors Have Both Direct

question 29

Multiple Choice

Based upon the Pollard (2006) model,seven different factors have both direct and indirect effects on the home advantage.Which of the following is not one of these factors?

• A)Psychological factors
• B)Team rivalry factors.
• C)Travel considerations.
• D)Referee bias.

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Definitions:

Efficient Level Output

The level of production where average total costs are minimized and marginal costs equal marginal revenues.

Zero Profit

A situation in which a firm's total revenues match its total costs, resulting in neither profit nor loss.

Inefficiency

Refers to a lack of efficiency, where resources are not used in the most productive way, often resulting in wasted time or energy.

Monopolies

Market structures where a single producer or seller controls the entire supply of a product or service, often leading to reduced competition.