"Player Drafts" of Professional Athletes

question 19

Multiple Choice

"Player drafts" of professional athletes

• A) increase the competitiveness of the labor market for professional athletes.
• B) reduce the profitability of professional sports franchises.
• C) promote monopsony in the hiring of professional athletes.
• D) increase salaries of professional athletes.

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Definitions:

Pacific Halibut

A species of flatfish found in the North Pacific Ocean, prized for its tender, white flesh.

ITQs

Short for Individual Transferable Quotas, a regulatory tool to control the total allowable catches in fishing, by allocating specific amounts to individual fishers or companies.

Pacific Halibut

A species of flatfish native to the North Pacific Ocean, known for its popularity in commercial and recreational fishing.

ITQs

Individual Transferable Quotas; a system used in fisheries management in which individual fishers are allocated specific shares of the total allowable catch.