(Consider This) According to the Consider This box "Superstars," the high pay of superstars reflects
A) elastic product demand.
B) high marginal revenue productivity.
C) blocked occupational entry.
D) warped societal values.

Question

Quizplus · Accepted Answer

The Consider This box "Superstars" explains that the high pay of superstars is a result of their high marginal revenue productivity, meaning they generate a significant amount of revenue for their employers. This drives up their demand and increases their bargaining power, allowing them to negotiate higher salaries. Therefore, choice B is the correct answer. The other choices (A, C, and D) are not directly related to the explanation given in the Consider This box.

(Consider This) According to the Consider This Box "Superstars," the High