With respect to Major League Baseball,studies by Scully and others found that:
A)players were paid substantially less than their marginal revenue products prior to free agency
B)players were paid their marginal revenue products even before free agency,which is consistent with the competitive nature of the baseball business
C)players were paid their marginal revenue products prior to free agency.Since that time,salaries have fallen below marginal revenue products
D)salaries far exceed marginal revenue products since the advent of free agency

Question

Quizplus · Accepted Answer

Studies by Scully and others have shown that before the introduction of free agency in Major League Baseball, players were paid substantially less than their marginal revenue products, indicating that team owners had significant bargaining power and could keep salaries low.

With Respect to Major League Baseball,studies by Scully and Others