All of the Following Statements,except One,are Correct Concerning the Labour

question 90

Multiple Choice

All of the following statements,except one,are correct concerning the labour market for high-profile professional athletes.Which is the exception?

• A)The supply is inelastic.
• B)The wage rate is demand-driven.
• C)There is an element of economic rent in their pay.
• D)There is no transfer earnings involved in their pay.

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