Explain how the presence of a superstar basketball player can increase the marginal revenue product of the other players on the team

The superstar is a complement, raising the other players' marginal products by diverting the opponents' defense toward him and away from the others. The others are more likely to perform better against a divided defense.

Economics

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What is the opportunity cost of holding money?

What will be an ideal response?

Economics

Lisa consumes only pizzas and burritos. In equilibrium, her marginal utility of pizza is 20 and her marginal utility of a burrito is 10. The price of a pizza is $4. What is the price of a burrito?

What will be an ideal response?

Economics