Technology is an important factor in explaining the high incomes of superstars because:
A)technology is available which can limit access to the superstars
B)only technologically literate superstars can earn super incomes
C)technology accounts for differences in incomes within all occupations
D)technology makes it possible for the best producer to supply every customer at low cost

Question

Quizplus · Accepted Answer

Technology allows for the best producer to efficiently produce and distribute their product to a large audience at a relatively low cost. This widens the audience of potential customers for superstars, allowing them to earn high incomes due to their widespread popularity and accessibility.

Technology Is an Important Factor in Explaining the High Incomes