Question
Teacher salaries represent about 80% of the costs of running a school while airline pilots represent about 10 % of the costs of running an
Teacher salaries represent about 80% of the costs of running a school while airline pilots represent about 10 % of the costs of running an airline. How does this difference in input shares affect the demand curves for teachers versus pilots?
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The Great Divide Unequal Societies And What We Can Do About Them
Authors: Joseph E Stiglitz
1st Edition
0393352188, 9780393352184
