Sports-Management-2-What-mistake-did-the-NBA-make-in-its-dealings-with-the-owners-of-the-Spirits-of-St-Louis

Please answer the following questions: PLEASE USE POWERPOINTS TO ANSWER QUESTIONS IN GREAT DETAIL

1. What mistake did the NBA make in its dealings with the owners of the Spirits of St. Louis?
2. Explain the difference between simple and compound interest
3. How do professional sports leagues use the concept of scarcity when locating franchises?