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In Praise of Athletes' High Salaries

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Location: Go to Material
Material Type: Simulation
Date Added to MERLOT: October 23, 2001
Date Modified in MERLOT: May 03, 2002
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Author:   Foundation for Economic Education
Submitter : Cathy Swift

Description:
This is a simulation that demonstrates the concepts of utility and marginal pricing. The student learns to realize that decisions are made ?on the margin? and to understand the reasons for the wide range of salaries for different professions. Instructions are provided as well as a detailed discussion and debriefing.

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More information about this material:
Primary Audience: College General Ed
Mobile Compatibility: Not specified at this time
Language: English
Cost Involved: no
Source Code Available: no
Accessiblity Information Available: no
Copyright: no
Creative Commons: unsure

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