Problem
A student remarks: "I don't think the idea of marginal revenue product really helps explain differences in wages. After all, a ticket to a baseball game costs much less than college tuition, yet baseball players are paid much more than college professors." Do you agree with the student's reasoning?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.