Which of the Following Statements Accurately Explains the Superstar Phenomenon

question 35

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) Funnier comedians earn more than less funny comedians because they are more talented.
• C) Talented athletes earn more than equally talented plumbers because technology allows the delivery of the services provided by the athletes to all interested customers.
• D) Athletes get paid for performing services that everyday people perform as hobbies.