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.
Explanation:
Socrates and Meno both describe that at least virtue is the part of wisdom but we can not say that a most virtuous person is most beneficent only out of knowledge. This is the last point where Socrates and Meno failed to find virtue itself in considering such a virtuous person. This suggests puzzles Meno but Socrates explains that they have been looking for that virtue as a kind of teachable knowledge. The good deeds of virtuous men could equally be the result of not of the knowledge but the opinion.
Even Socrates gives the example of the guide on the road to the Larissa whether the guide has the knowledge and the true opinion about the way that results in the same
Answer:
The Panchayat system is the local self-government mechanism that is usually followed in rural parts of India whereas the multi-party system is the system that contains multiple official groups i.e.- political parties in a constituency.
LEAN are based on removing wastes and improving efficiency. The element of Lean that can be described as moving people and materials when and where needed, and as soon as possible is LEAN manufacturing
LEAN is simply known as an operating philosophy of waste reduction and value enhancement. It was said to be created as the Toyota Production System (TPS) by key Toyota executives.
LEAN is made up of three elements working together. They are:
- LEAN Manufacturing
- Total Quality Management
- Respect for People
LEAN manufacturing is found within the discipline of supply chain management.
Supply chain management strives to incorporate LEAN elements by:
- Satisfying internal and external customer demand
Communicating demand forecasts and production schedules up and down the supply chain.
The supply chain management also are involved in Quick movement of products into and through the production process
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A. proposal by Congress; ratification by state legislatures
