Posted: December 23rd, 2016

Why do Rolling Stones receive more income from a single concert than a school teacher may receive for a lifetime of work?

Why do Rolling Stones receive more income from a single concert than a school teacher may receive for a lifetime of work?
a Because Rolling Stones deserve more money
b Because demand for Rolling Stones performance is relatively elastic
c Because demand for Rolling Stones performance is relatively inelastic
d Because the economy does not favor teaching

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