From the first row of the table, at a price of $10, suppliers are not willing to make any shoes (quantity supplied of shoes = 0) since they will not make significant profit off of it.
In contrast, the demand is 500, since everyone would love to buy shoes at that very cheap price.
Answer:
Marx was wrong about the takeover of political power of the proletariat.
Even if poverty still exists in industrialized countries, the type of porverty that exists is very different from nineteenth century poverty. Poor people in advanced nations have access to all, or most basic needs such as food, clean drinking water, electricity, or heating.
Marx thought that poverty would persist in the same brutal conditions of the nineteenth century and that this would eventually lead to a proletariat revolution that would abolish capitalism. This did not necessarily happen even if many anti-capitalist revolutions took place in history, starting in 1917 in Russia.
Answer:
i think its D
Explanation:
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