Why are major league baseball players on average paid substantially more than college professors? Explain. Major league baseball players are paid more than college professors because A. the supply of major league baseball players is more elastic than the supply of college professors. B. the marginal revenue product of major league baseball players is high relative to college professors. C. the supply of major league baseball players is abundant relative to the supply of college professors. D. the total value of baseball games is greater than the total value of education. E. the marginal product of major league baseball players is low relative to college professors.
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