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Some chief executive officers (CEOs) of businesses get paid much more than a normal manager. What is a sound economic explanation for this disparity? O

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Some chief executive officers (CEOs) of businesses get paid much more than a normal manager. What is a sound economic explanation for this disparity? O CEOs can be good managers, but not every manager can be a good CEO The marginal product of a CEO is greater than another manager Consumers have a greater demand for what the CEO produces than for what a normal manager produces O CEOs name their own salary but set the salary of other managers

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