A 1974 study of baseball player salaries by Gerald Scully found that:
A) star players were paid less than 20 percent of their full value to team owners as measured by their marginal revenue product.
B) mediocre players were paid more than star players.
C) average players were paid the full value of their marginal revenue product.
D) mediocre players were paid less than the full value of their marginal revenue product.
Correct Answer:
Verified
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