Many Minor League Ballplayers Get Called Up to Play in the Majors

question 38

Multiple Choice

Many minor league ballplayers get called up to play in the majors and then get sent back down again to the minors. Jim makes $26,000 in the minors and then when he gets called up he makes $125,000, though he never plays and is an unknown name to the fans. It is most likely true that

• A)Jim's productivity suddenly increases by $99,000 when he is called up to the majors.
• B)A portion of Jim's major league salary is economic rent.
• C)Jim was playing for way below the value of his marginal product in the minor leagues.
• D)Jim is irrational to accept only $26,000 in the minor leagues.

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