In Canada,professional football players earn much higher incomes than do professional soccer players.This can best be explained by the fact that:
A) most football players are good soccer players while the reverse is not true
B) consumer demand for football games is greater than for soccer games
C) football and soccer games are highly substitutable products for most consumers
D) the marginal product of soccer players exceeds that of football players
E) there are more professional soccer players in Canada than there are professional football players
Correct Answer:
Verified
Q54: In a perfectly competitive resource market:
A)resource suppliers
Q55: Marginal resource cost can be defined as:
A)the
Q56: Marginal productivity theory states that:
A)businesses demand resources
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