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cng cng
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Posts: 153
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A year ago
John Smith plays baseball for $500 000 per year, but if he were not a baseball player, his next best alternative would be to earn $35 000 per year as a sales representative. By playing baseball, Smith is earning economic rent of

▸ $35 000.

▸ zero.

▸ $535 000.

▸ $500 000.

▸ $465 000.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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sharonfaith31sharonfaith31
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A year ago
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