All economists assert that the National Collegiate Athletic Association (NCAA) is a type of cartel that enforces the monopsony behavior of universities and colleges in the market for college athletes.

Question

Quizplus · Accepted Answer

The given statement asserts that all economists believe the NCAA is a cartel that enforces monopsony behavior, which is a type of market structure where a single buyer has significant market power.

All Economists Assert That the National Collegiate Athletic Association (NCAA)