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Mairoon Mairoon
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6 years ago
In professional golf, a tournament winner might win, say, $1 million, whereas second place wins only $600,000. Why might golf have a 40% reduction in prize money from first and second place?
A) To ensure that there is enough money to pay those who finish near last.
B) To motivate golfers to take risks they might not otherwise take.
C) To motivate golfers to not take risks they might otherwise take.
D) The Professional Golfers Association is a cartel.
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Microeconomics

Microeconomics


Edition: 6th
Author:
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LBCeaLBCea
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6 years ago
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Mairoon Author
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6 years ago
Good timing, thanks!
brina10
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Yesterday
this is exactly what I needed
Brownr40
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2 hours ago
Thank you, thank you, thank you!
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