Answer:
1)Predict: How will supply and demand and labor substitutes in these job markets affect their pay and likeliness to get a job?
Supply, demand and labor substitutes are three variables that will determine the wage.
For the medical field, the demand for doctors tends to be higher than the supply of doctors, because becoming a doctor is costly both in time and money. This means that doctors will be well-paid, according to this model.
Besides, there are not so many labor substitutes for a doctor, increasing the probability of a high pay for them.
The opposite occurs for barbers. Barbers are easier to supply, and demand is not as high for them. This means that a barber salary will be much lower than a doctor's salary. Finally, barbers do have more labor substitutes as well.
2)How will supply and demand within the job market affect my career choice?
Supply and demand within the job market, as explained above, largely determines the quality of the career that you choose. A labor market with high supply and low demand means that the chosen career will be paid less, while a labor market with low supply and high demand means that the chosen career will be paid high salaries.
The invisible hand is an economic term to describe the tendency of a market prices to lead individuals chasing their own interests into productive activities that encourage economic welfare of society too. With this explained, we can choose <em>C a term economists use to describe the self-regulating nature of the marketplace</em> as the correct answer.
Answer:
Municipal corporation can be called a local government of the India. In India when an urban area get above 1 million population and government urbanized that area and handover authority to municipal corporation to take care of that city.
Explanation:
The growth of population and the urbanization in local area of India need a local government to mange all the activities of city. This local government provide the health care services, housing, nursing, institution and transport by collecting the tax from local people and by getting fixed grant from government. Every area have different name of municipal because of the regional language but there is a common name that is called municipal corporation.
Composition: Government of India- State government- Division- District- Block- Village-
Answer:
the olmec society
Explanation:
the Aztecs adopted a lot culture and lifestyle from the olmec society
Biopsychosocial.
The term biopsychosocial refers to the various circles of influence on the individual ranging from close friends and family to the institutions and policies of a country or the world as a whole.
Social scientists use the term Biopsychosocial to refer to the interaction in which biological, psychological, and sociocultural factors play a role in the development of an individual's symptoms.
In the biological tradition, psychological disorders are attributed to biological causes. In the psychological tradition, disorders are attributed to faulty psychological development, and to social context.
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