Technology Is an Important Factor in Explaining the High Incomes

question 44

Multiple Choice

Technology is an important factor in explaining the high incomes of superstars because:

• A)technology is available which can limit access to the superstars
• B)only technologically literate superstars can earn super incomes
• C)technology accounts for differences in incomes within all occupations
• D)technology makes it possible for the best producer to supply every customer at low cost