Which of the Following Statements Accurately Explains the Superstar Phenomenon

question 331

Multiple Choice

Which of the following statements accurately explains the superstar phenomenon in wages?

• A)Better carpenters earn more than average carpenters because people are willing to pay higher prices for higher-quality work.
• B)The more productive an author is, the more books she can write each year, so the more she earns.
• C)Talented movie stars earn more than equally talented mechanics because technology allows the delivery of the services provided by the movie stars to all interested customers.
• D)Athletes get paid for performing services that everyday people perform as hobbies.

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Definitions:

Friedman Test

A non-parametric test used to compare differences between groups on a dependent variable across multiple test attempts or conditions.

Dependent Samples

Samples that are interconnected or have relationships with each other, where the members of one sample correspond to or affect the members of another.

Analysis Of Variance

A statistical method used to compare means of three or more samples, testing if at least one sample mean is different from the others.

Independent Samples

Samples that are selected from two populations in such a way that the samples are not related or do not influence each other.