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1) calculate a measure of competitive balance for the hockey league. make sure you show your calculation. compare the competitive balance of the course hockey league to that of other north american professional sports.
2) use the course material to evaluate the success of the league measures to encourage competitive balance. in other words, did the league measures to encourage competitive balance have the effects predicted in the textbook ad lectures? explain why or why not.
3) which ownership groups in the leagues were profit maiming? how would you determine wether owners were profit maximizing or not? explained how you arrived at you answer.
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