Multiple Choice
Jorge is debating whether to concentrate on playing professional football or professional baseball. He is offered $6 million a year to play baseball and $8 million a year to play football. If he chooses to play football
A) the economic rent in his salary is $8 million.
B) the economic rent in his salary is $6 million.
C) the economic rent in his salary is $2 million.
D) the economic rent in his salary is $14 million.
Correct Answer:

Verified
Correct Answer:
Verified
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