Which of the Following Explains Why Talented Major League Baseball

question 72

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 neurosurgeon.
• 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:

Auditory Pathways

The series of neural structures through which sound information travels from the ear to the brain for processing.

Primary Tastes

Fundamental taste categories identified through human sensory experiences, including bitterness, sweetness, saltiness, sourness, and the savory taste known as umami.

Umami

denotes one of the five basic tastes, often described as savory or meaty, and is associated with the flavor of glutamates.

Shortest Wavelengths

Refers to the part of the electromagnetic spectrum with the highest frequencies and energy levels, often associated with gamma rays and X-rays.