Multiple Choice
If the demand for hockey tickets increases, why might one expect the salaries of hockey players to increase?
A) because of the reduction in the supply of world class hockey players
B) because of the demand for an input being a derived demand
C) because of the change in the opportunity cost of building new arenas
D) because of the principle of diminishing marginal product
Correct Answer:
Verified
Correct Answer:
Verified
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