Marginal product of labor and marginal revenue product

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Recently Nick Saban agreed to leave his job as head coach of the Miami Dolphins to take a job as head football coach at the University of Alabama at a salary of $4 million per year for eight years. Boise State paid their coach Chris Petersen $500,000 in 2007 and they went undefeated that season. Might Saban still be worth a salary of $4 million per year to Alabama even if he is not "eight times better" than a coach being paid $500,000 at another school? In your answer, be sure to refer to the marginal product of labor and the marginal revenue product of labor.

Reference no: EM132586865

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