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The Arrival of Michael Jordan, Larry Bird, and Magic Johnson

Question 188

Multiple Choice

The arrival of Michael Jordan, Larry Bird, and Magic Johnson in the 1980s increased the popularity of professional basketball.What changes occurred in the market as a result?  


A)  an increase in the equilibrium quantity of professional basketball 
B)  a decrease in the equilibrium quantity of professional basketball 
C)  a decrease in the price of professional basketball tickets 
D)  a decrease in professional basketball players' salaries

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