Professional football players receive, on average, higher wages than professional soccer players in the United States because
A) football is a more dangerous sport.
B) professional football teams can draw huge crowds and charge high prices for tickets.
C) professional football teams use a draft system.
D) the soccer season is longer and so players will be unemployed for a smaller portion of the year.
B
You might also like to view...
Why does an increase in supply lead to lower prices?
What will be an ideal response?
Both successful market-processes ?and central planning rely on self-interested behavior.
Answer the following statement true (T) or false (F)
How does value of marginal product (VMP) of labor determine the number of workers a competitive firm will hire?
Refer to the table at right. If the price is? $6, the perfectly competitive firm should produce
A. 107 units
B. 104 units
C. 106 units
D. 105 units