Multiple Choice
Some superstar athletes in the sports industry earn very high levels of income relative to other occupations, and over time the wage differential has been increasing.What could have caused this?
A) The supply of star athletes has decreased.
B) The supply of star athletes has increased due to university athletic programs.
C) Technological advances such as cable television has increased the demand for sports entertainment.
D) The market power of athletes' unions has increased.
Correct Answer:
Verified
Correct Answer:
Verified
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