Kobe Bryant is a highly paid professional basketball player in the National Basketball Association.From the perspective of the whole NBA,Kobe Bryant's economic rent would be ________,while from the perspective of his individual team it would be ________.
A)very small; very large
B)zero; impossible to calculate
C)close to his whole salary; very small
D)zero; close to his whole salary
E)very large; close to his whole salary

Question

Quizplus · Accepted Answer

Kobe Bryant's economic rent from the perspective of the whole NBA would be very small because there are many other players who could take his place. However, from the perspective of his individual team, his economic rent would be very large because he is a key player who helps them win games.

Kobe Bryant Is a Highly Paid Professional Basketball Player in the National