Why then do athletes receive higher salaries than teachers

Assignment Help Econometrics
Reference no: EM131431028

Professional athletes command and receive higher salaries than teachers. Yet teachers, not athletes, are considered essential to economic growth and development. Why then do athletes receive higher salaries than teachers?

Reference no: EM131431028

Questions Cloud

Relevant visuals that help illustrate an advantage : Explain, and support the second (and third if desired) disadvantage (economic, social, political, environmental, social, equitable, ethical/moral, etc.) to your solution and provide a logical answer. This should be one or two (1-2) paragraphs.
Find confidence interval for true mean time people keep car : Find a 99% confidence interval for the true mean time people keep a new car.- Find a 99% confidence interval for the true mean time people keep a used car.
Company global marketing strategy : Toyota's Lexus and Nissan's Infiniti luxury cars were introduced in the North American market following closely the aprroach used by Honda's Acura. This example shows that a company's global marketing strategy can be driven by. Manufacturers have fou..
Suggest the true mean price has increased : One month ago, a brokerage firm reported the true mean price of platinum to be $660.79 per troy ounce, with a recommendation to buy. Is there any evidence to suggest the true mean price has increased?
Why then do athletes receive higher salaries than teachers : Professional athletes command and receive higher salaries than teachers. Yet teachers, not athletes, are considered essential to economic growth and development. Why then do athletes receive higher salaries than teachers?
Propose two applications of knowledge that you have learned : Propose two applications of the knowledge that you have learned in this course to your current or a future position. Provide a rationale for your response.
Different types of game time entertainment : You will need to search YouTube (or other accessible medias) find 3 or more different types of game time entertainment. Think of promotions or half time shows. Use a diverse sporting events. Share the 3 game time entertainments that you watched. Brie..
Find confidence interval for true mean thermostat setting : Find confidence interval for true mean thermostat setting for New England homeowners during winter.- Find a 95% confidence interval for the true mean thermostat setting for Southern homeowners during winter.
Outline a plan that managers in low-calorie : Outline a plan that managers in the low-calorie, frozen microwaveable food company could follow in anticipation of raising prices when selecting pricing strategies for making their products response to a change in price less elastic.

Reviews

Write a Review

Econometrics Questions & Answers

  Find what is the minimum cost savings per board

A firm is considering the purchase of circuit board stuffing machine that costs $100,000, has a 4-year life and zero salvage value. It will be used to produce $30,000 circuit boards per year. The MARR is 10%.

  Determine the long-run equilibrium output

Determine Firm A, Firm B, and total industry profits at the equilibrium solution found in Part (a)

  What are the defining characteristics of green revolution

What are the defining characteristics of the ‘Green Revolution'?

  How much of the deficit was monetized

Suppose that the federal government's annual budget deficit is $250 billion and that the Fed's holdings of government securities increase by $10 billion over the year. How much of the deficit was monetized

  What is the marginal benefit imhotep would get by waiting

The trees in Forest F grow such that the volume of timber at time t can be represented as f(t) = 900t - 50t2 + 60t3 + 7t4. (Note that these trees do not follow a typical biological growth function). The annual real interest rate is 0.19,

  What is the break-even price and shut-down price

Kate's Katering provides catered meals, and the catered meals industry is perfectly competitive. Kate's machinery costs $100 per day and is the only fixed input. Her variable cost is comprised of the wages paid to the cooks and the food ingredient..

  What do you think would happen to cso diamond advertising

Given the situation described in part (a), what do you think would happen to CSO diamond advertising?

  What is the project''s net investment outlay at year 0

The best estimate of the machine's salvage value after three years of use is $20,000. The machine would have no effect on the firm's sales or revenues, but it is expected to save Kidd $20,000 per year in before-tax operating costs. The firm's tax ..

  What range of payments will the farmer accept

some fields have large enough quantities of both oil and natural gas that coordination must be achieved for production of both, rather than oil alone as in our examples. will field with both oil and gas have greater difficulties in unitization tha..

  What must the equivalent british interest rate be in us

Suppose that the one year U.S. interest rate is 5%. If the one year forward rate against the pound is $1.75 per pound and the spot exchange rate is $1.78 per pound, what must the equivalent British interest rate be if covered interest parity holds

  What is the price per item when the marginal profit is zero

What is the level of production when the marginal profit is zero? What does it represent?

  What is a barrier to entry

What is a barrier to entry?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd