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Why do basketball players need high salaries?

Updated: 8/19/2019
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13y ago

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Supply and Demand. Supply: Only about 300 spots to fill in the NBA, Demand: Millions of people want those spots. If u get one of those spots, you are very valuable because the supply is extremely low, therefore a huge salary.

Supply: Millions of spots around the world to be a cashier at McDonald's

Demand: Millions of people do this

Supply is high, so ur salary will be low.

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13y ago
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