Discussing value of specific job compared to different

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Some people refer to "pay equity" when discussing the value of a specific job compared to a different, specific job in society. They argue that jobs that benefit society the most should be paid the most. For instance, they argue that teachers contribute more to society than a 6' 6", left-handed professional baseball pitcher who can throw 105 mph and has lots of off-speed pitches. This question is about markets. Please explain who should be paid the most and why. Justify your response.

Reference no: EM131187376

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