In some markets a few top performers receive a disproportionate share of the rewards. Frank and Cook call this phenomenon
A) capitalism.
B) inevitable.
C) liberalism.
D) socialism.
E) the winner-take-all effect.

Question

Quizplus · Accepted Answer

The winner-take-all effect refers to the phenomenon where a few top performers receive a disproportionate share of rewards in a market, which is exactly what Frank and Cook are describing. Choices A, B, C, and D are not accurate descriptions of the phenomenon.

In Some Markets a Few Top Performers Receive a Disproportionate