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Continue Learning about Earth Science

How much money per hour does a geologist make?

It really depends on what the geologist is doing; someone who tells an oil company where to drill is probably making quite a bit more than someone working for a governmental agency, who is probably again making more than someone teaching geology to 8th graders.


How much money do ecologist get paid hourly?

The hourly wage for ecologists can vary widely depending on factors such as experience, education, and location. On average, an ecologist can earn anywhere from $20 to $50 per hour. Entry-level positions typically pay on the lower end of the scale, while more experienced ecologists or those with advanced degrees can command higher rates.


Why is the equilibrium wage high for some and low for others?

Critics would argue the sticky wage theory. Arguing that some employers are in a time period when they can't change wages to a hirer place therefore what may appear to be the labor market equilibrium really isn't. [ Other employers are able to move to the higher place and therefore make higher profits. Another theory is known as the bonding theory. If one place were hiring a limited number of workers at a higher price workers would want to buy that job. Something like indentured servitude, or in modern times possible delayed wages. As we discussed earlier when a job pays for workers education the worker is the one that pays in the form of lower pay. When the education is increased the pay is increased. This would suggest at the present time all wages are equal. The bonding critique, therefore, suggests that efficiency wages models would self-destruct in the long run. Unfortunately the evidence to support the bonding critique or efficiency wages is not conclusive. Others critics argue that efficiency wages causes more unemployment, because of the high wage. The result of this higher-than-equilibrium wage is a lower rate of job finding and greater unemployment. As you can see from the supply and demand diagram the efficiency wage causes a surplus of workers.


What shifts in global stratification seem to be taking place?

capitalism and economic power. this is because all stratification systems have contradiction that threaten to erupt forcing them to change. Changes in our minimum wage systems and this will affect the global economic situation


Who does fairtrade help?

Fairtrade helps small-scale farmers and workers in developing countries to receive fair prices for their products, improve their working conditions, and have more control over their livelihoods. It aims to empower communities by promoting sustainable practices, better wages, and support for social projects.