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Alex Rodriguez Was the Highest Played Baseball Player in 2012

question 129

Essay

Alex Rodriguez was the highest played baseball player in 2012, earning about $32 million playing for the New York Yankees. Explain the economic justification for the owners paying such a high salary; be sure to incorporate the concept of marginal revenue product (MRP) into your answer.


Definitions:

Syntax

The ways words are combined to form acceptable phrases and sentences.

Wild Boy of Aveyron

An historical case from the late 18th century of a feral child who was found in France and who became a subject of study in the development and education of children with severe disabilities.

Nude

A state of being without clothing, often used in the context of art, privacy, or natural states.

Highly Ordered

Structured or organized in a meticulous and systematic manner, often referring to systems, arrangements, or processes.

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