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Please remember to refer back to the Homework / Chapter Questions Directions in

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Please remember to refer back to the Homework / Chapter Questions Directions in the Orientation Module. [Specifically – your answers should be to the point. A typical answer is roughly one paragraph (3 to 5 sentences) per question, therefore your entire homework will rarely if ever go past a single page.
These questions are simple and are judged on your ability to effectively, but succinctly, answer the given questions. I want to make sure you have thought about the question and have given me an answer. So long as your work is legible and isn’t a “mess” with respect to grammar and spelling – that’s not the focus on these (however, I do reserve the right to dock points if your paper is riddled with spelling and grammatical errors). Answer the questions, include creativity and outside of the box thinking when appropriate, and “prove” to me that you spent a few minutes considering the question, but don’t worry about writing an entire book (keep it simple, 3-5 sentences per question in most cases).
Questions:
Chapter 12
Section 9: Review Questions – What are blackout laws?
Section 9: Review Questions – What is a speculative bubble? How can a bubble persist over time?
Section 10: Thought Problems – Explain the relationship between collective bargaining and the ability of players to take individual antitrust action against owners?
Section 13: Advanced Problems – Of the three explanations for why the growth rate in franchise prices has been higher than the normal rate of return, which is most plausible? (Justify your answer). AND, what is the role of government at both the state and local levels in your answer?

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