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1 year ago

industrialized nations have become societies and emploers used diplomas and detrees to determine who is elegible for jobs

1 answer:

34kurt1 year ago

7 0

Industrialized nations have become credential societies. Employers use diplomas and degrees as sorting devices to determine who is eligible for a job. Schools will "weed out the incapable"

A credential society is one in which degrees and diplomas are used to determine employment eligibility. Employers, particularly in urban areas, who must choose from a pool of anonymous applicants, require a system for determining who is and is not capable of working. Those who have earned a college diploma have shown responsibility, consistency, and, presumably, basic skills. Some occupations necessitate highly specialized training that employers cannot provide.

The demand for credentials has grown to such an extent that it is altering the face of higher education. Many students who attend college for a year or two (or even a two-year associate degree) and then enter the workforce in an entry-level job may find that they need a four-year degree.

Learn more about credential societies here:

brainly.com/question/11710385

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Dmitrij [34]

Answer:

reduce output

Explanation:

The marginal cost ($26) is greater than the marginal revenue ($25). In order to maximise profit, marginal cost should he reduced up to the point where marginal cost equals marginal benefit.

A firm should shutdown, reduce production to zero if average variable cost is greater than price but in this question, the firm shouldn't shut down since price ($25) is greater than average variable cost ($24).

I hope my answer helps you

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3 years ago

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D. agents will immediately adjust their expectations of inflation up.

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