Check out the following two articles discussing actor/actress salaries and other average salaries:
Consider the following:
• Why do actors and actresses earn so much?
• How does a production firm decide how much to pay them?
• Do you think they are overpaid or underpaid based on the economic discussion of wages?
• Can the high salaries be justified?
• In addition to wages, what other factors influence an individual to choose one job over another?
• Consider jobs like those on some popular TV shows like Deadliest Catch and Ax Men. While these individuals are not guaranteed a high salary, why might they earn more than similarly skilled individuals in other jobs?
• What jobs do you think have the best mix of salary and other characteristics that individuals care about?
Hedge funds: It is interesting to consider these salaries as well.
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