hk5sdgzx87 hk5sdgzx87

01-06-2024
Business

Answered

Why is there such a large gap in the average wage of the highest and lowest paid professional athletes' salaries?
O A.
More successful athletes pay more to marketers.
Major league stars are compared to community athletes.
O B.
C.
No one knows how much endorsements are paying.
D. Athletic professionals don't pay taxes on competitive income.

Answer :

GinnyAnswer GinnyAnswer

01-06-2024

Final answer:

The wage gap in professional athletes' salaries is justified by the high demand for top players in major sports leagues.

Explanation:

The large gap in the average wage of the highest and lowest paid professional athletes' salaries can be attributed to the high demand for top players in major sports leagues. This demand is fueled by fans who are willing to pay high ticket prices and the massive revenues generated from television rights, making ownership profitable.

The derived demand for top players drives up their salaries significantly, with agents negotiating for these high wages based on the revenue they bring into the industry.

While these high salaries may seem exorbitant, they are justifiable within the context of the economics of professional sports, where the market dynamics dictate the value of these athletes.

Learn more about Professional athletes' salaries here:

https://brainly.com/question/39153903

Answer Link

Other Questions

Through his work as the head of the Food Administration, Herbert Hoover convinced many Americans to:A. Raise money to support troops fighting in EuropeB. Conser

A phone plan has a limit of [tex]$25 that can be spent on text messages. The base cost of the text plan is $[/tex]5. Each text costs [tex]$0.05. How many text m

Which process-results in faster information processing?A. MyelinationB. Dendrite connectionsC. Neural pruningD. Formation of axons

The Soviet socialist economy fell apart primarily because:A. It was based on barter rather than monetary exchange.B. Individuals are not motivated by self-inter

What factors determine the optimal timing within a menstrual cycle for performing a frozen embryo transfer (FET), and how do fertility specialists customize thi

By what number should 51200 be multiplied to obtain a perfect square? Also, find the square root of the number obtained.

Who said that the absence of a Bill of Rights in the Constitution was "the most absurd thing to mankind that ever the world saw"?A. Benjamin FranklinB. Samuel A

Bob notices that he tends to talk a little differently at church than at the ball game with his buddies. This is an example of:A. Self - managementB. Self - con

In 1860, what share of the slave population was under the age of sixteen? Group of answer choices One-quarter One-third One-half

hey I am creating a clothing business and I am making an intro/ the clothes are unisex and good quality could u make me a text explain why my clothes are amazin

Express the fractions 3/4, 7/16, and 5/8 with the LCD.

Why did President Jimmy Carter believe that the Soviet invasion of Afghanistan posed a significant threat?

a rental company charges a flat fee of x dollars for a floor sander rental plus y dollars per hour of rental. One customer rents a floor sander for 4 hours and

Two Friends share 3 Fruit bars equally. How much does each friend get?

Which represents a deletion of a section of the DNA shown here? A—C—T—G—G—A—T A. A—C—T—C—C—G—G B. A—C—T—A—G—A—T C. A—T—C—G—A—T D. A—G—G—A—T

The resolution of a story is its _____.

The exchange of oxygen, food, and waste between mother and fetus occurs at.....

Which does not contain a lens? A. a floodlight B. a glass eye C. eyeglasses D. a jeweler's loop

Which one of the following comes first in an online catalog entry? A. Call number of the book B. Title of the book C. Author's last name D. Year of publicat

Moving substances from a lower concentration to a higher concentration requires _____. a. passive diffusion b. facilitated diffusion c. active transport d. pino