Saturday, January 14, 2012

I need help with economics question?

Should college football coaches be paid the same as college volleyball coaches? Should female basketball players in the Women鈥檚 National Basketball Association (WNBA) be paid the same as their male counterparts in the National Basketball Association (NBA)? What role should market forces and government play in determining such wages?



just the last one..



What role should market forces and government play in determining such wages?



thanksI need help with economics question?
Based on classical theory, the wage rate will be determined by the supply and demand in that market. So the volleyball coaches can't be football coaches. The wage will be determined differently. The government can set a minimum wage per hour to make sure that the coaches will not be so poor. Moreover, the wage should be exactly the same level at the coach's productivity. So the WNBA has to maximize profits where the value of marginal product=wage rate.I need help with economics question?
i dont think that pro women basket ball players should be paid the same as men because more people go to see the emn games and they go shoot from like full court and do dunks and its more violent and extreme
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