In the movie business, character actors are typically paid a fixed fee while movie stars are typically

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In the movie business, character actors are typically paid a fixed fee while movie “stars” are typically paid a share of the box office revenues. Why the difference? Try to give two explanations based on the ideas in this chapter.

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Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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Question Posted: Nov 24, 2015 08:46 AM

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In the movie business, character actors are typically paid a fixed fee while movie stars are typically

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The first reason is that more of the success of the movie depends on the stars than on ...View the full answer

Modern Principles of Economics

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