a Suppose that a famous Chicago Cubs baseball player threatens a. Suppose that a famous Chicago Cubs

a Suppose that a famous Chicago Cubs baseball player threatens
a. Suppose that a famous Chicago Cubs baseball player threatens to quit unless his salary is doubled, and the management accedes to his demand.
True or False: The fans will have to pay for this through higher ticket prices.
b. Now suppose that the Cubs hire a famous and popular player away from the Philadelphia Phillies. Explain what will happen to ticket prices now.

a Suppose that a famous Chicago Cubs baseball player threatens

 

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