Capital-Labor Substitution in Production: Sports Writing Edition
Newspapers are in deep trouble. That has been clear for some time. It looks like things just got worse for
capital
labor
media
capital
labor
marginal revenue product
Stadiums
Are Stadiums and Players Complements in Production?
- by Phil Miller
- May 7, 2019
Teams seeking public subsidies commonly claim that building a new stadium will improve the team’s revenue flow, allowing it to