Revenue-sharing in professional sports. assume that there are two grades of professional football players. there are a limited number of "stars," whom the fans most want to watch, and an unlimited number of "nonstars." there are too few stars to fully staff each team, but there are enough for a few to be on each team if an owner decided to hire them. (no knowledge of sports or football is necessary to answer this question. but if you would like some background on revenue-sharing in sports with explanation of some of the issues, see this link.) a. assume that football teams keep all the "gate" and tv revenues they generate and that players are free to choose their teams at the end of any season. do stars earn more than nonstars? how are the wages of each group determined? b. continue to assume that players are free to choose their teams, but assume now that teams agree to share all their gate and tv revenues equally (they put them into a "pool" and divide it equally among the team owners). what happens now to salaries of stars and nonstars?

The gilbert instrument corporation is considering replacing the wood steamer it currently uses to shape guitar sides. the steamer has 6 years of remaining life. if kept,the steamer will have depreciaiton expenses of $650 for five years and $325 for the sixthyear. its current book value is $3,575, and it can be sold on an internet auction site for$4,150 at this time. if the old steamer is not replaced, it can be sold for $800 at the endof its useful life. gilbert is considering purchasing the side steamer 3000, a higher-end steamer, whichcosts $12,000 and has an estimated useful life of 6 years with an estimated salvage value of$1,500. this steamer falls into the macrs 5-year class, so the applicable depreciationrates are 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%. the new steamer is fasterand allows for an output expansion, so sales would rise by $2,000 per year; the newmachine's much greater efficiency would reduce operating expenses by $1,900 per year.to support the greater sales, the new machine would require that inventories increase by$2,900, but accounts payable would simultaneously increase by $700. gilbert's marginalfederal-plus-state tax rate is 40%, and its wacc is 15%.a. should it replace the old steamer? b. npv of replace = $2,083.51

When a market is in equilibrium, the buyers are those with the willingness to pay and the sellers are those with the costs.

Which of the following is true about presentation methods for providing training? audiovisual techniques are most effective when they are used alone. mobile technologies include training methods such as on-the-job training, simulations, business games and case studies, behavior modeling, interactive video, and web-based training that require the trainee to be actively involved in learning. the typical users for teleconferencing include employees who are part of a workforce that spends most of its time traveling, visiting customers or various company locations and has limited time available to spend in traditional training activities. webcasting involves classroom instructions that are provided online through live broadcasts. classroom instruction is no longer a popular training method because of new technologies such as interactive video and computer-assisted instruction.