Supposedly Larry Bird once said that he would play basketball for ($10,000) per year. Yet he was

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Supposedly Larry Bird once said that he would play basketball for $$10,000$ per year. Yet he was paid over $$1$ million per year. If the quote is correct, how much were Bird’s transfer earnings? How much was his economic rent?

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Economics

ISBN: 9781032046723

9th Edition

Authors: William Boyes, Michael Melvin

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Question Posted: Apr 25, 2024 12:00 AM

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Supposedly Larry Bird once said that he would play basketball for ($10,000) per year. Yet he was

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Economics

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