Salaries of NFL quarterbacks, like Tom Brady, are A) too high

Economics Jan 22, 2021

Salaries of NFL quarterbacks, like Tom Brady, are

A) too high.

B) related to the additional revenues team owners expect to enjoy as a result of having them on the team roster.

C) the result of perfectly competitive markets.

D) All of the above are correct.

Expert Solution

Salaries of NFL quarterbacks, like Tom Brady, are "related to the additional revenues team owners expect to enjoy as a result of having them on the team roster". So, the correct option is B "related to the additional revenues team owners expect to enjoy as a result of having them on the team roster".

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