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major movie stars are paid millions of dollars per movie, which can take as much as 6 months of full-time work for an actor. by contrast, doctors and nurses earn considerably less over the same time period. why might this be? a. while the supply of is small and relatively fixed in the short run, the demand for is quite large globally. by contrast, the marginal benefit of the services provided by is relatively low, although the total benefit is quite high.
major movie stars are paid millions of dollars per movie, which can take as much as 6 months of full-time work for an actor. by contrast, doctors and nurses earn considerably less over the same time period. why might this be? a. while the supply of is small and relatively fixed in the short run, the demand for is quite large globally. by contrast, the marginal benefit of the services provided by is relatively low, although the total benefit is quite high.
Major movie starsare paid more due to theirlimited supplyandhigh demand, while medical professionals are paid less due to the large supply and lower demand.The Inequality in Salary Between Major Movie Stars and Medical ProfessionalsThesupplyofmajor movie starsis small and relatively fixed in the short run due to the fame and notoriety they have acquired and the limited number of roles available. This gives them significant bargaining power in terms of their salaries and allows them to command high salaries for their work. On the other hand, thedemandformedical professionalsis relatively large globally, but the marginal benefit of their services is relatively low, meaning that the salaries for these jobs are not as high as for movie stars. However, the totalbenefitthat medical professionals provide to society is still high.Learn more aboutInequality in Salary:brainly.com/question/14199468#SPJ4...