Answer:
There are different kind of careers that one can pursue in life; in order to choose a particular career, one has to consider some important factors.
The most important factor to consider in this case is your interest and passion. What are your interests? Which type of work can you do continuously every day and you will not be bored? That is the first thing you must figure out.
So, for an individual to consider pursuing a career in the education and training cluster, that person must have passion for imparting knowledge, he must be someone, who derive joy from teaching people and making them better than he met them.
Other important factors that must be considered include the following:
Suitable skills: you must have inborn talents that can be used in training people. Talents such as ability to express yourself clearly will help you in the education sector.
Academic qualifications: depending on the specific level of education, where you want to get involved, you must be prepared to get the required qualifications. For instance, to teach at a University level, you must have a doctorate degree in your field.
Job availability: another factor that you must consider is availability of jobs in your area of interest. Is teaching job easily available in your environment?
Income: The amount of money you can possibly earn as a teacher is also very important. You need to investigate how much you can earn as a teacher and decide if you are comfortable with the amount or not before you go ahead.
Answer:
SUBSTITUTION BIAS
Explanation:
Substitution bias occurs when a customer decides to purchase a substitute of a good after the prices becomes cheaper than the goods they normally purchase. It rises as a problem in price index due to the fact that customers/buyers can decide to change or substitute goods at an instant because of changes in prices. In situations like this, customers tend to avoid the whole increase in prices by changing to cheaper substitutes. Substitution generally is a consumer changing or substituting an expensive product for a cheaper one due to changes in prices. This usually leads to inflation rate been overestimated or overstated.
Purchasing better tools for workers to perform their jobs
Answer:
Yes, Hazel needs to pay extra $700
Explanation:
As per pre-existing duty rule, a person is obligated to perform his duty at the consideration agreed upon initially. Any modification to the contract is void.
Exceptions to this rule:
- As per new contract, if the person undertaking his duty hires another person to perform the work so as to complete it in time, then modifications are valid and enforceable.
- Modifications are valid in case of unforeseen contingencies like war, recession, change in economic conditions and strikes.
In this case, Hazel agreed to pay $700 extra. Under pre-existing duty rule, she is not required to pay Eugene extra $700 but since Eugene took additional help exception to the rule applies and Hazel is obligated to pay $700 extra.
