1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Suppose you purchase from a supplier at $4 per unit a part with which you assemble red widgets. on average, you use 50,000 units
joja [24]

The problem is missing some parts:

First, how many parts should you purchase each time you place an order.

H=.2*$4 = $0.80

S= $800

R = 50,000

 

Q = 2SRH

= 2(800) (50000) (.8)

= 10,000 units

 

The second question is how many timer per year will you place orders.

Required order = R/Q

= 50000/10000

= 5 times

4 0
3 years ago
If a customer is reluctant to try a new product because she’s afraid of what her friends might think, the company is most likely
Tanya [424]
The answer is the company is most likely facing a psychological barrier. If she's afraid to buy a product because she feels her friends will tease her if they find out, then that has to do with her mindset, which is a <span>psychological barrier for the company.</span>
4 0
3 years ago
A step out is a pricing practice in which a firm:
Katen [24]
I would say the answer is D
3 0
3 years ago
Stella is currently spending all of her weekly income purchasing the two goods that she likes cookies and milk. She is currently
Ivan

Answer:

Stella should consume less of milk and more of cookies to maximize total utility.

Explanation:

The price of cookies is ​$9​, and the price of milk is ​$3.

Stella consumes 10 cookies and 5 cartons of milk.

The marginal utility of 10th cookie is 50 utils and the marginal utility of 5th carton of milk is 25 utils.

Her total utility will be maximized if the ratio of marginal utility and price will be equal for both cookies and milk.

Ratio for cookies

= \frac{MUx}{Px}

= \frac{50}{9}

= 5.55

Ratio for milk

= \frac{MUy}{Py}

= \frac{25}{3}

= 8.33

Since the ratio is higher for milk, it means that Stella should consume less of milk and more of cookies to maximize total utility.

8 0
3 years ago
Bulldog Corporation reported taxable income of $925,000 this year, before any deduction for any payment to its sole shareholder
Oliga [24]

Answer:

Explanation:

The computation is shown below:

Corporate tax = (Taxable income - bonus expenses) × corporate tax rate

= (925,000 - $153,000) × 21%

= $162,120

The corporate tax rate is 21% and we take the same for computation

Shareholder tax = Bonus expenses × marginal tax rate

=  $153,000 × 35%

= $53,550

So, the total income tax would be equal to

= $162,120 + $53,550

= $215,670

5 0
3 years ago
Other questions:
  • What are some ways I can help the economy
    11·2 answers
  • A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (17,700 units)
    10·1 answer
  • As expected, one of the broad goals of the human resources information system is to help management
    13·1 answer
  • A corrective tax Select one: a. allocates pollution to those factories that face the highest cost of reducing it. b. works well
    10·2 answers
  • The federal organization charged with monitoring illegal workplace discrimination is called the: select one:
    7·1 answer
  • Your manager has asked for your help to make a decision on an important issue within 24 hours. the outcome of this decision will
    8·1 answer
  • On March 15, 20X7, Barrel Company paid property taxes of $120,000 on its factory building for calendar year 20X7. On July 1, 20X
    8·1 answer
  • You want to borrow $93,000 from your local bank to buy a new sailboat. You can afford to make monthly payments of $1,850, but no
    10·1 answer
  • Select the qualification that is best demonstrated in each example.
    13·2 answers
  • Suppose that you deposit $2,000 in your bank and the required reserve ratio is 10 percent. The maximum loan your bank can made a
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!