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- Human Capitaleconomics-mcqs › human-capital
- Published
- 1 Jun 2019
- Last updated
- 28 May 2026
Which condition must a market satisfy to enable the emergence of superstars?
Multiple choice question for Human Capital. Select an option, then review the explanation below.
Explanation
For superstars to thrive in a market, every customer must prefer the product offered by the best producer, and the available technology must enable that producer to supply all customers at a low cost. This ensures the concentration of demand on the top provider, supporting superstar outcomes.
More Human Capital MCQs
Practice related questions from the same subject.
- 1.From the perspective of the human capital theory, what is the role of education?
- 2.What does the signaling theory of education primarily suggest?
- 3.When two positions demand equal skills and experience, which job is generally the one offering higher pay?
- 4.Which statement accurately describes the relationship between attractiveness and earnings among workers?
- 5.Which profession has the highest potential to earn income comparable to a superstar?