Why is the equilibrium wage higher for doctors than for convenience store clerks? A. The demand for convenience store clerks is equal to the demand for doctors.
B. Supply of doctors is relatively low, and the demand is relatively high.
C. The demand for convenience store clerks is low, but supply is low, too.
D. Supply of doctors is relatively high and the demand is relatively low.

Answers

Answer 1

Answer: HIgher wages come with being able to be "picky" about your job, which means that there are not many people applying, but there are a lot of positions which need to be filled.

The correct answer is:
B. Supply of doctors is relatively low, and the demand is relatively high.

The low supply of doctors is connected to the difficult and costly education.

Related Questions

In 1600, the population of Europe was about?
What is an acceptable sweetener for butter ganache?
The Committee of Public Safety sentenced anyone disloyal to the Revolution to death.
You are not allowed to park within how feet of a railroad crossing.
This stage of the social movement is seen when both the "prophets and intellectuals" join with the agitators and they start to "stir things up".

Which government agency controlled the use of valuable resources including oil, metal, and rubber?the Defense Plant Corporation
the War Production Board
the Federal Reserve System
the Office of War Mobilization

Answers

The War Production Board (WPB) regulated and controlled the use of valuable resources including oil, metal, and rubber during the Second World War. Franklin Roosevelt ordered its establishment in 1942 and it was dissolved in 1945 after the USA defeated Japan and the war came to an end. The board was responsible for the rationing of gasoline, heating oil, rubber, and plastics during the war. The WPB needed to make sure that the armed forces received the raw materials and resources they needed to manufacture arms and other requirements. This was necessary in order to win the war. The US citizens had to accept rationing of these resources.

B. the War Production Board

The tendency to assume that one's culture and way of life are superior to all others is known asa. cultural relativism
b. discrimination
c. exploitation
d. ethnocentrism

Answers

B- discrimination
you are discriminating against someone as you think your culture or way of life iis superior over someone else

Which of these groups would most likely gain from unanticipated inflation? A) individuals who work for minimum wage B) retirees who are getting a fixed income pension C) farmers who have borrowed money at fixed interest rates D) banks who have loaned their excess reserves at fixed interest rates

Answers

Answer: C) farmers who have borrowed money at fixed interest rates

Explanation:

Inflation is a situation in an economy when there's increase in the prices of products or services.

An individuals who work for minimum wage because he or she is on a minimum wage and the inflation will mean that the person will have lesser goods to spend the money on.

Retirees who are getting a fixed income pension are also at a disadvantage because the money is fixed and doesn't take into consideration the increase in prices of goods.

Farmers who have borrowed money at fixed interest rates will be of advantage as they've already borrowed the money when there was no inflation. Assuming they're borrowing now, they will have to pay a higher interest.

Banks who have loaned their excess reserves at fixed interest rates are also at a disadvantage.

Paleoclimatologists use all of the following to study Earth's prehistoric climate EXCEPTa. coral.
b. ice cores.
c. sediments.
d. weather records.

Answers

prehistory is the history before any records (as in, detailed reliable records, such as writing), for which only very indirect evidence is available such as archaeological funds. So- there could be no weather reports from pre-history! if there were, we would call this time "history" - the correct answer is d.

Each of the following except Was created to help congress with investigations

Answers

I think there are missing information in your question. But, I'd like to go ahead and answer about what can help Congress in their investigations. Current practice are the hearings where they can recheck pending legislation, investiate issues that may need legislation and to investigate federal programs.

¿Cuándo Parménides afirma que el ser se descubre mediante la inteligencia y consiste en la propiedad que hace que todas las cosas existan, estén presentes sean reales es la postura conocida como?

Answers

English Translation:

When Parmenides affirms that being is discovered through intelligence and consists of the property that makes all things exist, are present, are real, is the position known as?

Other Questions

Which of the following is not an ultimate goal of science?a. Give explanations for natural events.b. Understand patterns .c. Make predictions.d. Produce unchanging, absolute answers

How did early humans survive their harsh environments?A.They lived in caves and rock shelters.B.They built walls around their homes for protection.C.They built homes out of stone.D.They built homes out of wood.

All of the following statements about cooperative federalism are TRUE except:A. Cooperative federalism ended dual federalism. B. Cooperative federalism has been practiced in the US since 1860. C. Under cooperative federalism, different levels of government work together on programs. D. Cooperative federalism includes welfare and employment programs by the federal government.

If you begin to understand what you are without trying to change it, then what you are undergoes a transformation." j.krishnamurti.