Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Why do K-12 teachers, who provide a valuable service to the community, earn substantially less than professional hockey players? OK-12 education is free and hockey

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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Expenditure Decisions In The Urban Community

Authors: Howard G Schaller

1st Edition

1317310985, 9781317310983

More Books

Students also viewed these Economics questions

Question

An improvement in the exchange of information in negotiations.

Answered: 1 week ago

Question

1. Effort is important.

Answered: 1 week ago