Why do K-12 teachers, who provide a valuable service to the community, earn substantially less than professional hockey players? O K-12 education is free and hockey games are NOT. The marginal revenue product of hockey players is lower than it is for teachers. O Hockey is more important to Canadian culture than education. The supply of quality hockey players is low relative to demand.

Why do K-12 teachers, who provide a valuable service to the community, earn substantially less than professional hockey players? O K-12 education is free and hockey games are NOT. The marginal revenue product of hockey players is lower than it is for teachers. O Hockey is more important to Canadian culture than education. The supply of quality hockey players is low relative to demand.

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter1: Introduction: What This Book Is About

Section: Chapter Questions

Problem 2MC

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