Microeconomic theory, equal marginal returns
Posted on: August 22, 2016 at 20:59:56 CT
ScottsdaleTiger MU
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Bottom line, revenue generation. The return for each additional dollar spent on football produces more revenue than each additional dollar spent on basketball. Therefore, u keep spending on football until the last $ spent won football & the a last $ spent on basketball generate the same return. That maximizes the athletic program's total net revenue.Football generates so much more money than basketball, u just keep spending on football,