The question What are you going to do with that major? implicitly questions
A) how much you learn in that major.
B) whether the major should be offered on campus.
C) how much the market values the human capital developed in the major.
D) western bias.
Question 2
Assume a baseball player's development in the minor leagues yields -250,000 per year for four years. If the player were to have a single big league season and be paid 350,000, how much revenue would the player need to generate to be considered a positive net present value project from the point of view of the team owner if the interest rate was 4?
A) 1.45 million
B) 2.5 million
C) 350,000
D) 250,000
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