Assume the Phillies were rational in trading their minor league pitcher, Mike Cisco for $0. Which of
Fantastic news! We've Found the answer you've been seeking!
Question:
Assume the Phillies were rational in trading their minor league pitcher, Mike Cisco for $0. Which of the following is true if the relevant cost of Cisco's salary was $15,000?
options:
The expected value of Cisco's production to the Phillies must have exceeded $15,000. | |
The expected value of Cisco's production to the Phillies must have been less than $15,000. | |
A player's salary is not relevant to trade. |
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
Posted Date: