Answer:
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.
Explanation:
Answer:
Royal Army Medical Corps
First Aid Nursing Yeomanry
Explanation:
Brainlist please?
<u>Answer:</u>
<em>One of the most important aspects of the financial system that was created by the Commercial Revolution and most clearly paved the way for today’s corporations was the</em><u><em> joint-stock companies. </em></u>
<em></em>
<u>Explanation:</u>
A joint-stock company is referred to as a business entity in which shares of the company’s stock may be bought and sold by the shareholders itself. The Commercial Revolution refers to the creation of an European economy based on trade. It started in the 11th century and spanned until it was taken over by the Industrial Revolution.
The eighteenth-century Enlightenment philosophers believed that society could best achieve progress through "rational thought and pragmatism", since these thinkers called into question the blind faith many people had in monarchy and God.
False. Most Pilgrims were Puritans, and Puritans themselves wanted to separate themselves from the church of England.
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