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Major League Baseball Teams Are Similar to Other Firms in That

Question 231

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Major League Baseball teams are similar to other firms in that they use factors of production to produce a product (baseball games) .An example of capital used by teams to produce their products is


A) the money teams earn from television contracts and ticket sales.
B) the land on which baseball games are played.
C) the labor of baseball players.
D) the ballparks where the games are played.

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