Business, 18.10.2019 20:30 joylsbarbour

3. in a 1989 report, a consulting firm estimated the economic impacts of moving the los angeles raiders (a professional football team) to sacramento. the authors predicted that people would spend $28 million per year on the team (tickets, food, merchandise, and parking). (you can assume this is a reasonable estimate.) the consulting firm then used an economic multiplier of 2.2 to arrive at their estimate of the total economic impact of the raiders on the city of sacramento—$61.6 million per year. what implicit assumptions have they made in their analysis? provide a brief assessment of their conclusion.

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3. in a 1989 report, a consulting firm estimated the economic impacts of moving the los angeles raid...

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