sticking with the Missions, draw a demand curve for
“professional baseball” in America.
now disaggregate “professional baseball” into “major
league” baseball and “minor league” baseball (i.e., AAA, AA, etc. – still paid
professionals, not your local softball league) – draw these respective curves.
talk about the slopes of the curves and the relative
positions of the curves on the graph – what determines their relative positions
and relative slopes?
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