Multiple Choice
Your sister complains that you get paid considerably more as a caterer than she is paid as a chef, even though the careers are similar. What might explain this situation?
A) People rarely hire caterers for their events and so are willing to pay a premium for the service.
B) There are many chefs in town but few caterers.
C) The training required to be a chef is so advanced that people cannot afford her services.
D) There are many substitutes for a chef.
E) Your catering business can go to a person's residence, and your sister's position does not allow such mobility.
Correct Answer:

Verified
Correct Answer:
Verified
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