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rjkz [21]
3 years ago
9

Workers are responsible for the production of goods in a business,

Business
1 answer:
natka813 [3]3 years ago
4 0

Answer:

Karl Marx

Explanation:

Many people only remember Marx for his theories about extreme socialist governments that eventually led to communism in other parts of the world. But he actually did understand how capitalism worked, added value theories, the way capital ($) worked, and he believed that capitalism was a necessary stage in the development of society. As an economist he was brilliant, but then he turned into a sort of philosopher.

Problems started when he said that after capitalism had led to an unprecedented economic growth, then it would be time for the workers (proletariat) to take over and lead economic systems. This rule by the working class would eventually lead to a fair society where everyone would be able to prosper.

Marx's economic theories are utopian, they call for a nearly perfect world, but humans aren't perfect. If you like Star Trek, you should recall that the world runs just like Marx wanted to. The economy and living conditions are based solely on your work, that is why the world was able to unite under one single federation. But as much as I would really like to travel at warp speed, it is not possible, and I really doubt that Marx's ideas are possible either.

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The manager of a 150-unit apartment complex knows from experience that all units will be occupied if the rent is $1000 per month
Roman55 [17]

The rent that the manager should charge to maximize revenue will be $2,000.

In business, a rent is known as the cost incurred by a business to utilize a property or location for an office, retail space, factory, or storage space.

Initially, to find revenue by coming up we can calculate with an equation below:

Revenue = Price × Revenue

Where, price = 1000 + 20x

Quantity = 150 - x

R(x) = (1000+20x) (150-x)

R(x) = 150000 - 1000x + 3000x - 20x²

R(x) = - 20x² + 2000x + 150000

To maximize the revenue, we calculate the derivative and set it to zero:

R(x) = - 20x² + 2000x + 150000

R(x) = -40x + 2000

-40x + 2000 = 0

40x = 2000

x = 50

After we find the amount of X, thus we determine the rent that the manager should  charge to maximize revenue

Price=$1000+20x

Price=$1000+20(50)

Price=$1,000 + 1,000

Price = $2,000

Learn more about the rent at brainly.com/question/2254034

#SPJ4

5 0
1 year ago
Baden Company has gathered the following information. Units in beginning work in process 0 Units started into production 37,700
Flura [38]

Answer:

The materials equivalent units is 37,700

Conversion costs equivalent units is 32,480

Explanation:

The equivalent units of production for materials can be computed thus:

Description                   quantity           % of completion    Equivalent units

Completed units            29000              100                          29000

(37700-8700)

Ending inventory            8700                100                      <u>    8700</u>

total equivalent units for materials                                      37700

The equivalent units of production for conversion costs can be computed thus:

Description                   quantity           % of completion    Equivalent units

Completed units            29000              100                          29000

(37700-8700)

Ending inventory            8700                40                      <u>    3480 </u>

total equivalent units for conversion costs                       32480

I applied 100% percentage of completion to ending inventory when determining materials equivalent units and 40% percentage completion when determining equivalent units for conversion cots  as it given in the question

6 0
3 years ago
Businesses that engage in ultrahazardous activities are strictly liable for any injuries.
3241004551 [841]
I think the answer is true.
7 0
2 years ago
Customer law is the system that is designed to protect the people involved in a market?
kozerog [31]

The answer is: A) True

Consumer law was created to help prevent and detect fraudilent business practices.

7 0
2 years ago
Read 2 more answers
Courts can enforce...<br><br> A. Defense <br> B. LLC<br> C. Contracts<br> D. Partnership
Anni [7]
LLC i think that’s the answer
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