Since a major-league baseball player makes more money than a private preschool teacher,what can we conclude
A)Society values the services of a major-league baseball player more than the services of a private preschool teacher.
B)A major-league baseball player generates more revenue in the economy than a private preschool teacher.
C)Labour markets are generally inefficient and inequitable.
D)Professional sport is more highly valued than preschool education.

Question

Quizplus · Accepted Answer

This conclusion is based on the comparison of the salaries earned by the two professions. It could be inferred that a major-league baseball player generates more revenue for their team and for the wider economy through merchandise sales, ticket sales, and broadcasting rights. Private preschool teachers work in a different sector of the economy and may not generate the same level of revenue. This does not necessarily imply that society values one profession over the other or that labor markets are inefficient or inequitable.

Since a Major-League Baseball Player Makes More Money Than a Private