SHORT ANSWER : 31. In North America, although sport teams have monopoly power, but they do not profit maximize. Outline

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SHORT ANSWER : 31. In North America, although sport teams have monopoly power, but they do not profit maximize. Outline

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SHORT ANSWER :
31. In North America, although sport teams have monopolypower, but they do not profit maximize. Outline reasons why they donot profit maximize on their ticket sales. Provide 5 bulletpoints.
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