Buy custom high earnings of a footballer
Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1001 |
Essay's paper body
The larger the potential supply of labour to an occupation, the lower the level of earning is likely to be.
However, if the wage earned as a footballer etc., can be made at an alternative job, and one is paid more to stay at the current source of employment-discriminatory marketing comes into practice...
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This is possible if it is a perfect market and one is aware of what price they have the ability to achieve.
Wage rates
Short run supply curve
Long run supply curve
0 Quantity of labour
The demand for such footballers who are recognised and renound for their achievements, stand very high. With a short supply and high demand for such stars, wages are increased...
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General points of the essay
“The role of business is to serve the larger society, which is best accomplished by being responsive to the larger society.”
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