asked 211k views
4 votes
Suppose the International Olympic Committee announced that it would hold all of its Summer Games in Athens and all of its Winters Games in Sapporo. What is the likely impact on the monopoly power of the IOC, the IOCs ability to exploit an all-or-nothing demand curve, and the winners curse?

asked
User Darsstar
by
8.3k points

1 Answer

4 votes

Answer:

the impact would be horrendous

Step-by-step explanation:

answered
User ASkywalker
by
8.2k points
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