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Most Americans admit that librarians perform a vital function in American

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Most Americans admit that librarians perform a vital function in American;life. There are roughly 150,000 of them who earn an average of $55,000;according to the Bureau of Labor Statistics.;Professional football is a favorite--probably the favorite--American spectator;sport, yet even die-hard fans would probably not say that professional football;players are as valuable to society as librarians. Players on the rosters of;National Football League teams number about 1,700 and earn an average of;$777,000, according to several Internet sources.;If we accept the conclusion that librarians are more vital to the country than;professional football players, why are librarians so poorly paid in;comparison? Answer in terms of marginal and total utility.

 

Paper#31076 | Written in 18-Jul-2015

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