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2 years ago

1. What was Karl Marx’s basic premise and belief?

1 answer:

7 0

Karl Marx's basic belief was that the working class will start revolution in the most developed capitalistic countries. One of the basic premises of his thinking was maybe expressed in the first sentence of his The Communist Manifesto: "The history of all hitherto existing society is the history of class struggles." He claimed that human societies progress through class struggle: <span>a conflict between an ownership class that controls production and a dispossessed laboring class that provides the labor for production.</span>

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Anna is willing to spend $500 for the bike she wants. if she finds a bike store where the price of the bike she wants is only $4

muminat

The answer is $100. The consumer surplus is $100 because that is the difference between what Anna has set as her ceiling for the purchase of the bicycle, $500, and then subtracted by the amount that she actually does pay, $400, that difference is what is referred to as consumer surplus. What the consumer is mentally committed to paying minus what the consumer actually pays.

8 0

3 years ago

You are considering purchasing a new automobile that will cost you $28,000. The dealer offers you 4.9% APR financing for 60 mont

bija089 [108]

Answer:

so correct option is B) $527

Explanation:

given data

cost = $28,000

offer APR = 4.9 % = $\frac{4.9}{12}$ = 0.0041

time = 60 months

finance the entire = $28,000

solution

we will apply here formula for calculate monthly payment that is

= $\frac{r(1+r)^t}{(1+r)^t -1}$ ...........1

here r is rate that is 0.0041 and t is time that is 60 put here value we get

= $\frac{0.0041(1+0.0041)^{60}}{(1+0.0041)^{60} -1}$

= 0.01883

so monthly payment is = 28000 × 0.01883

monthly payment is $527

so correct option is B) $527

6 0

3 years ago

Read 2 more answers

Why do businesses think that money in their bank accounts is part of their cash total?

Brums [2.3K]

Answer:

Because liquid assets are a part of the entire wealth/value of a company.

Explanation:

If Jeff Bezos has 60 billion of dollars worth of assets like buildings and physical investments, that isnt his total wealth, you have to count in his liquid cash as well.

7 0

2 years ago

An economy where trade is encouraged and not monitored by the government is called a

Jet001 [13]

Based on the principle of trade, correct answer is <u>b. free enterprise economy</u>

<h3>Free enterprise economy</h3>

The free enterprise economy is an economic system that is based on demand and supply with no government influence or control.

In conclusion,we can conclude that free enterprise economy is the correct answer

Learn more on Free enterprise economy here: brainly.com/question/3369578

8 0

2 years ago

Which term describes the right of a lender to sell collateral to get back the principal if the borrower cannot repay the loan?Se

Kaylis [27]

ANSWER: C. lien

EXPLANATION: Lien provides the right to a lender to sell off the collateral to get back the principal if the borrower fails to repay. Lien is a conditional right of ownership to the lendor which bars the debtor to sell off the collateral without paying the lendor.

6 0

3 years ago

Read 2 more answers