Business
Business, 26.11.2019 21:31, baller560

The president of the united states receives an annual salary of $400,000. derek jeter, shortstop for the new york yankees, receives an annual salary of $23.2 million. if the president of the united states actually contributes more to society than derek jeter, we can conclude that:

a. actors other than marginal revenue product probably explain the salary differences.
b. the salary differences are based entirely on marginal revenue products.
c. there is never a relationship between marginal revenue product and pay.
d. the markets for their respective services are perfectly competitive.

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Answers: 3

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