1. What is the Yankees' opportunity cost of using Babe Ruth as a pitcher? Note: A pitcher does not usually pitch in every game and hence, will not be in the batter lineup every game.
2. In what position(s) did Babe Ruth have an absolute advantage playing for the Red Sox?
3. In what position(s) did Babe Ruth have a comparative advantage playing for the Yankees?
4. If the Yankees had a poor pitching staff, in which position(s) would Babe Ruth have a comparative advantage?
5. What is the best estimate of Babe Ruth's potential as a hitter for the Yankees?
Discussion: If you were the manager of the New York Yankees in 1920, would you want Babe Ruth to be a starting pitcher or an outfielder for your team?