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4 years ago

When marx argued that capitalism “reproduces the class structure,” he meant that?

1 answer:

6 0

If you are rich, you own the means to make more money. Your son will then take over from you, and the class structure will remain intact. Likewise, if you are poor, you can only afford to work in a factory, you cannot pay for a good education for your child, they'll end up working in a factory to survive. The class structure remains the same, each generation of rich people will exploit every generation of poor people. That was also why Marx thought the workers must unite and take control of the means of production, so that they would not be exploited.

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4. Both the concentration and Herfindahl indices computed by the U.S. Bureau of Census tends to overstate the actual level. In a

Elodia [21]

Answer:

The use of data aggregation leads to overstatement of the concentration and Herfindahl indices

while the use of National/state data leads to understatement of the degree of concentration in local markets.

Explanation:

The ratio of concentration and Herfindahl indices computed are mainly made up of foreign players while the contributions of small local unorganized players are not considered, which leads to the increase in the value of indices and ratios been used, ( i.e. The use of data aggregation ) . hence the overstatement of the actual level.

The understatement of the degree of concentration in local markets happens because of the use of national and state data while computing the concentration in the local markets like gasoline and this is mainly caused by the presence of fewer industries in the market. The state and national data does not reflect the true concentration in the local market hence the degree of concentration is understated at the local level.

5 0

3 years ago

For a group to reach the deepest and most effective levels of the Working Stage, it is essential that members _____________ to w

elena55 [62]

Answer: COMMIT

Explanation: The word that best fit into question would be:

It is essential that members COMMIT to work through areas of interference that hinder achievement.

Explaining the statement in the question, for a group of individuals bound by a common objective to reach their target goal, there needs to be a commitment by the group members to do what's needed of them regardless the challenge they may face while doing their task.

4 0

3 years ago

Which of the following is widely accepted as a method of payment?

Alenkasestr [34]

Answer:

Explanation:

which is a legal tender and it's generally acceptable

7 0

3 years ago

Read 2 more answers

Suppose you plan to hold a stock for one year. You expect that, in one year, it will sell for $30 and pay a dividend of $3 per s

Mariana [72]

Answer:

Today's price = = $30

Explanation:

The question requires the most price one is willing to pay today for the following

a) a stock that will sell for $30 in 1 year

b) Payout a dividend of $3

3) with a return rate on equity of 10%

To calculate the price for today or the present value,

we add the dividend expected to the selling price as follows

$3 + $30 = $33

The rate = 10% and the period = 1 Year

Present value = Future Value / (1+r)∧n

= 33/ 1.1

= $30

4 0

4 years ago

Edwards Farm Products was unable to meets its financial obligations and was forced into using legal proceedings to restructure i

AVprozaik [17]

Answer:

D. reorganization

Explanation:

Reorganization Is when a bankrupt business restructures itself so that it can continue as a viable business. It involves restating the assets and liabilities of the firm.

A merger is when two companies come together to form a single company.

Liquidation is when the assets of a company are distributed to creditors. It marks the end of a business.

A divestiture is when assets or parts of a business is either sold or exchanged.

A repurchase is when the shares of a company are bought back from shareholders by the firm.

I hope my answer helps you.

4 0

3 years ago