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3 years ago

What are the two facets of a mode of production according to E.K. Hunt? Define them.

Business

1 answer:

pentagon [3]3 years ago

3 0

Answer:

They are forces of production and social relations of production.

Explanation:

In Marxism and historical materialism the forces of production are a central idea. In the own critique of political economy by Karl Marx and Frederick Engels, it refers to the combination of the means of labor with human labor power.

forces of production is a term used in political economy that refers to the physical means and production techniques to which laborers add value and transform capital into saleable products.

By " relations of production," Marx and Engels meant the total sum of social relationships that people have to enter to survive, produce, and reproduce their means of living...relations can be social ties, economic relationships, or technological relationships.

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Draft an inquiry letter for purchase of 10 units of IBM P4 computers and 2 units of Lx 300 Epson printers to Kathmandu Computers

gtnhenbr [62]

Based on writing standards, the inquiry letter for purchase should begin with the sender's address and be written like a formal letter.

<h3>Structures of Letter of Inquiry.</h3>

The sender's address should be written at the beginning of the letter, followed by the receiver's address.

The letter must contain all the elements of the enquiring item, including their quantities.

There must be the date and address of the receiver included.

The letter's subject must be written clearly before the letter's content.

Ensure you provide the expected salutation at the beginning of the letter.

Write clearly and straightforward.

Provide reasons and inquiry descriptions.

Add your signature, name, and designation at the end of the letter.

Hence, in this case, it is concluded that there are specific ways to write a good inquiry letter.

Learn more about Inquiry Letter here: brainly.com/question/4208084

4 0

3 years ago

The Gap, Inc. has targeted teenagers and young adults in need of casual clothes, and through its GapKids stores, the parents or

Nataliya [291]

Answer:

The correct option is A, market segmentation

Explanation:

Market segmentation is the process of dividing customer base into distinct groups based on age,income,level of education,personality,perception and so on.

The purpose of segmenting the markets is for the organization to satisfy the needs of these different groups based on their unique characteristics and to able to sell to them goods that best match their status.

The scenario here is that Gap Inc,has successfully been able to discover the right set of people that its casuals best match.

7 0

3 years ago

Marginal cost-benefit analysis and the goal of the firm Ken Allen, capital budgeting analyst for Bally Gears, Inc., has been

True [87]

Answer:

1) The marginal (added) benefits of the proposed new robotics.

560,000 - 400,000 = 160,000

2) The marginal (added) cost of the proposed new robotics.

220,000 - 70,000 = 150,000

3) The net benefit of the proposed new robotics.

160,000 - 150,000 = 10,000

4) What should Ken recommend that the company do? Why?

Replace the existing robotics because the net profit is positive

5) What factors besides the costs and benefits should be considered before the final decision is made?

A. Whether there will be additional training necessary with the new robotics.

B. Whether even better robotics may be available in a short while.

C. What will be the energy consumption of the new robotics.

5 0

3 years ago

On June 30, Coral, Inc. finished Job 750 with total job costs of $ 4 comma 500, and transferred the costs to Finished Goods In

kherson [118]

Answer:

B. debit Cost of Goods Sold $ 4,500 and credit Finished Goods Inventory $ 4,500

Explanation:

The cost of goods sold will be 4,500 cost of the job 750

We are going to debit the cost of good sold for the amount it cost to make job 750

and credit the finished goods inventory as the amount of goods available for sale decreases.

When we sale we deliver an asset of ours (finished goods) thus, we have to make it decrease.

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3 years ago

A representative gives a seminar to investors, making a presentation about successful hedge fund strategies. It is attended by 1

jeyben [28]

Answer:

A representative gives a seminar to investors, making a presentation about successful hedge fund strategies. It is attended by 10 retail clients and 20 institutional clients. FINRA defines this as: a retail communication.

Explanation:

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3 years ago