Question

What are the two major determinants of the earning of any individual in the market? Explain

Answer 1

Explanation:

Education and skill are the major determinants of the earnings of any individual in the market.

Answer 2

Major determinants of earning:

• The chief and major determinants of earning any of the individuals in markets are skills and education.
• An individual's professional skills are exceptionally important in the business world.
• The skills are the way that someone collaborates with others, switches their workload, and acts around the office. And these skills can determine their success or failure as an employee.
• Education is also very crucial for earning in the market.

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