The New York Yankees are the winningest team in all of professional sports history. When interviewed after sweeping a World Series, the Yankee manager always says that, "To me, this win is the sweetest of them all." To an economist, it means that

Question

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EThe manager's statement implies that each additional win brings more satisfaction than the previous ones, contradicting the law of diminishing marginal utility (C). It also suggests that the value or utility derived from each win increases, leading to an increase in consumer surplus with each win (E).

The New York Yankees Are the Winningest Team in All