Exercises 2528 refer to the graph below, which shows the
Chapter 1, Problem 1.39(choose chapter or problem)
Exercises 25–28 refer to the graph below, which shows the minimum salaries in major league baseball over a recent 18-year period and the average salaries in major league baseball over the same period. Salaries are measured in dollars and time is measured after the starting year (year 0).
Analyze the general patterns in the graphical model and give your thoughts about what the long- term implications might be for
(a) the players;
(b) the team owners;
(c) the baseball fans.
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