Question

In: Economics

Would it be better to have a permanent location for the Olympics? Do you think Colorado...

  • Would it be better to have a permanent location for the Olympics?
  • Do you think Colorado would benefit economically from hosting the Winter Olympics?

Solutions

Expert Solution

Yes , it is better to have a permanent location for olympics because

HELP CONTROL EXPENSE: Different locations become very expensive as we have to travel various destinations and arrange the facilities accordingly for each and every sport, so rather than this it is better to have a permanent location as the expense involved will be less because the facilities have to be arranged only once.

SAVES TIME: It takes alot of time in searching the destination to hold the olympics but if we have a permanent destination , the time will be saved.

Colorado would benefit economically from hosting the Winter Olympics

Yes colarado is a state in western united states and most of the time in a year is is cold and snowy.

Though the winter olympics host even like ice hockey, ice skating ie the sports which need snow or ice to happen. So colarado is the best place for winter olympics as it consists of the facilities required. Colarado will definitely benefit economically because the state does not have to arrange anything as there is natural snowfall, so the expense of creating artificial ice is not required. Colarado can be considered as one of the best places for hosting winter olympics due to climatic conditions it offer and the facilities required by the winter olympics.


Related Solutions

Do you think Colorado would benefit economically from hosting the Winter Olympics?
Do you think Colorado would benefit economically from hosting the Winter Olympics?
Tokyo 2020 Olympics officially postponed until 2021 Do you think the Olympics made the right choice...
Tokyo 2020 Olympics officially postponed until 2021 Do you think the Olympics made the right choice in postponing the games? If you were an athlete who was performing, how would you feel? Do you believe there will be a chance that the Olympics could be held earlier than the postponed date? How does the postponement affect ticket holders? Should tickets be considered valid? Do you think this pandemic will be contained before the games?
Do you think it is better for low wealth consumers to have access to credit at...
Do you think it is better for low wealth consumers to have access to credit at a high cost or no credit at all? Is the banking system equitable?
Regardless of your specific views about the SDGs, do you think it is better to have...
Regardless of your specific views about the SDGs, do you think it is better to have these goals than not, to specify international development goals? Why, or why not? discuss
what do you think about our current progressive tax? Would the US be better off with...
what do you think about our current progressive tax? Would the US be better off with a flat tax system?
From an Accounting perspective, would you think that it would be better to overestimate or underestimate...
From an Accounting perspective, would you think that it would be better to overestimate or underestimate product warranty claims? Please explain.
1. Do you think it would be ethical for a CPA to have someone else do...
1. Do you think it would be ethical for a CPA to have someone else do for her that which she is prohibited from doing by the AICPA Code of Professional Conduct? Why or why not? Do you think a CPA can justify allowing the unethical behavior of a supervisor by claiming, “It’s not my job to police the behavior of others?” 2. According to the 2011 national Business Ethics Survey conducted by the Ethics Resource Center, Generational Differences in...
Part I: Do you have a budget? Do you think having a budget would benefit you?...
Part I: Do you have a budget? Do you think having a budget would benefit you? Why? Why not? What are the pros and cons of having a personal budget? Are there apps to keep a budget?
What do you think it was like on the Lewis and Clark Expedition? Would you have...
What do you think it was like on the Lewis and Clark Expedition? Would you have liked to go along with them?
-Do you think it is better to buy and hold or to time the markets? -What...
-Do you think it is better to buy and hold or to time the markets? -What type of stock are you interested in? Any specific sectors or companies interest you? -What would be your portfolio allocation percentages? (Now you can use bonds, stock, currency, precious metals, commodities, real estate, etc) -Why do you choose this as your allocation?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT