Which of the Following Explains Why Talented Major League Baseball

question 188

Multiple Choice

Which of the following explains why talented major league baseball players command much higher salaries than neurosurgeons?

• A)because the total value of baseball games is much higher than the total value of neurosurgery
• B)because it takes far more skill and training to be a major league baseball player than to be a neurosurgeon
• C)because the supply of talented major league baseball players is relatively low compared to the supply of neurosurgeons. Therefore, major league baseball players exert far more market power than neurosurgeons.
• D)because the supply of talented major league baseball players is low relative to its demand compared to the supply of neurosurgeons. Therefore, adding another player yields far greater marginal benefit than adding another neurosurgeon.

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Definitions:

Paradoxical Sleep

Another term for REM (Rapid Eye Movement) sleep, characterized by active brain patterns, dream occurrence, and temporary muscle paralysis.

Very Relaxed Muscles

A state of low tension in muscle fibers, often achieved through relaxation techniques, leading to reduced physical stress and strain.

Sleep Patterns

The natural cycle of various stages of sleep including REM and non-REM stages that repeats throughout the night.

Genetically Influenced

Traits or conditions that are shaped in part by genes inherited from one's parents.