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Maurinko [17]
3 years ago
10

Radicals use the term political economy instead of _____ to describe their critique of capitalism and the inequitable distributi

on of wealth among nations.
Business
1 answer:
katen-ka-za [31]3 years ago
3 0
<span>Radicals use the term political economy instead of Marxism to describe their critique of capitalism and the inequitable distribution of wealth among nations.
Radicals</span> focus on the radical and progressive principle on altering social structures through revolutionary or other means. It is characterized with changing value systems in fundamental ways. Marxism on the other hand denotes <span>system based upon the political and economic theories of Karl Marx</span>.
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What is the importance of physical distribution?
lbvjy [14]
Physical distribution helps in maintaining stable prices. Even customers expect price stability over a period of time. proper use of transportation and warehousing facilities can help in matching demand with supply and thus ensure stabilisation of price.
5 0
2 years ago
Suppose Specific Automakers is considering signing a long-term contract with the union representing its workers. Specific Automa
natka813 [3]

Answer: Worsen; benefits

Explanation:

Specific Automakers is signing a long term contract with the union who are the representative of workers.

Real wages should increase by = 2%

Expected inflation = 5%

Nominal wage increase = 7%

Actual inflation = 6%

Actual inflation is greater than expected inflation, so this would worsen the union and it is beneficial for the automakers because now real wage increase is only:

= Nominal wage - Actual inflation rate

= 7% - 6%

= 1%

This is an example of re-distributive cost of inflation.

8 0
3 years ago
Which of the
Over [174]

Answer:

B...................................

7 0
1 year ago
Read 2 more answers
Wexpro, Inc., produces several products from processing 1 ton of clypton, a rare mineral. Material and processing costs total $6
JulsSmile [24]

Answer:

$26,800

Explanation:

Sales revenue after further processing:

= Units produced from each ton of clypton × Selling price per unit

= 7,300 × $15

= $109,500

Sales revenue at split off point:

= Units produced from each ton of clypton × Selling price per unit

= 7,300 × $10

= $73,000

Incremental revenue:

= Sales revenue after further processing - Sales revenue at split off point

= $109,500 - $73,000

= $36,500

Incremental profit = Incremental revenue - Incremental cost

                              = $36,500 - $9,700

                              = $26,800

Therefore, financial advantage (disadvantage) of further processing product X15 is $26,800.

3 0
3 years ago
To find out more about the pros and cons of a product, it is often a good idea to study the behavior of the individuals or group
Natalija [7]

Answer:

Copy Testing

Explanation:

Copy testing is a market research analysis method that utilizes the consumers' responses , behavior and feedback to determine the effectiveness and relevance  of an advertisement.

This method reveals a great deal of information about the pros and cons of a particular product through the analysis and study of individuals or group of users.

It addresses media channels like the internet and social media ,  television radios and others.

5 0
3 years ago
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