Economics 9708 · AS & A Level · Perfect competition

Perfect competition — practice question

In 2014, a wealthy overseas businessman purchased a UK football club. What would be the immediate impact of such an investment?

  • Aa fall in the demand for footballers in the UK
  • Ba fall in the earnings of footballers in the UK
  • Can inflow in the UK balance of payments
  • Dan inflow in the UK balance of trade

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