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.
Nacirema", which satirizes anthropological papers on "other" cultures, and the culture of the United States. Horace Mitchell Miner wrote the paper and originally published it in the June 1956 edition of American Anthropologist.
That statement is False.
MAslow hierarchy of needs depict a clear path which indicates that people wouldn't be able to fulfill the needs on higher hierarchy if we haven't fulfill the needs on lower hierarchy.
Here's his hierarchy's arrangement from top to bottom:
- self actualization
- Self-esteem
- Love/belonging
- safety
- Physiological
But often times, we do not follow this hierarchy from bottom to top. (for example, some obsessed individual might want to sacrifice need for love/belonging as long as she could realized her life-long dream i.e: self-actualization)
Answer: E. society's willingness to forego other goods and services, both public and private.
A country's government has to deal with the problem of limited resources all the time. It also has to deal with accountability. This means that the government will need to make decisions on budget allocation based on the preferences of citizens. If a large percentage of citizens want security to be improved at the expense of other goods and services, this is more likely to be implemented.
