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Material Detail

In Praise of Athletes' High Salaries

In Praise of Athletes' High Salaries

This is a simulation that demonstrates the concepts of utility and marginal pricing. The student learns to realize that decisions are made ?on the margin? and to understand the reasons for the wide range of salaries for different professions. Instructions are provided as well as a detailed discussion and debriefing.
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More about this material

Material Type:
Simulation
Date Added to MERLOT:
October 23, 2001
Date Modified in MERLOT:
June 12, 2018
Author:
Submitter:
Cathy Swift
Asian American, Native American, Pacific Islander Serving Institution Hispanic Serving Institution
Primary Audience:
College General Ed
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
No
Creative Commons:
No

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