In some professions,a few people earn enormously high salaries,with the vast majority earning significantly less.This "superstar phenomenon" is often seen in the entertainment industry.For example,the movie star Brad Pitt earns millions of dollars per film and the baseball player Barry Bonds earns millions of dollars per season,while most actors and non-Major League baseball players do not even approach that level.In other words,the difference between the highest paid and least paid actors and baseball players is much greater than the same difference for carpenters or surgeons.Can you explain this phenomenon?

Question

Quizplus · Accepted Answer

The Answer of In some professions,a few people earn enormously high salaries,with the vast majority earning significantly less.This "superstar phenomenon" is often seen in the entertainment industry.For example,the movie star Brad Pitt earns millions of dollars per film and the baseball player Barry Bonds earns millions of dollars per season,while most actors and non-Major League baseball players do not even approach that level.In other words,the difference between the highest paid and least paid actors and baseball players is much greater than the same difference for carpenters or surgeons.Can you explain this phenomenon?

In Some Professions,a Few People Earn Enormously High Salaries,with the Vast