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Business, 23.03.2020 16:20 smithsa10630

The President of the United States receives an annual salary of $400,000. Derek Jeter, shortstop for the New York Yankees, receives an annual salary of $23.2 million. Based on the marginal productivity theory of distribution and assuming these markets are competitive, this salary differential indicates that Question 1 options:

Derek Jeter contributes much more to society than does the President of the United States
the President of the United States contributes much more to society than does Derek
Jeter Derek Jeter and the President of the United States make equal contributions to society

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The President of the United States receives an annual salary of $400,000. Derek Jeter, shortstop for...
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