Multiple Choice
When deciding the salary of a sports star,
A) the team must consider how much money the sports star should earn.
B) the team must consider how much the sports star will cause revenues to increase.
C) the team estimates the sports star's marginal product; because this is a guess, sports stars are generally underpaid.
D) the team will hire the sports star if doing so will increase the team's revenues.
Correct Answer:
Verified
Correct Answer:
Verified
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