The prospective gain per season to an owner from recruiting a new star player is that player's
A. reservation wage.
B. capital value.
C. marginal revenue product.
D. marginal cost.
Answer: C
Economics
You might also like to view...
In an oligopoly, following a rival’s decrease in price tends to eliminate the
a. income effect. b. substitution effect. c. multiplier effect. d. random effect.
Economics
Consumer surplus increases whenever the price of a good decreases
a. True b. False Indicate whether the statement is true or false
Economics
Which of the following is not a reason to hold stock?
A. To receive potential capital gains. B. To receive payments on the firm's debt. C. To take part in the selection of the board of directors. D. To receive potential dividends.
Economics
One out of every ____ people on this planet lives in China.
Fill in the blank(s) with the appropriate word(s).
Economics