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nekit [7.7K]
3 years ago
12

From a __________ perspective, business cycles are the result of capitalist greed. In order to maximize profits, capitalists sup

press the wages of workers. As the prices of products increase, workers are not able to purchase them in the quantities that have been produced.
Business
1 answer:
pishuonlain [190]3 years ago
7 0

Answer:

The correct answer here is conflict perspective.

Explanation:

Conflict theory is one of the sociology framework, which interprets that there is a struggle of power between various groups in the society because of the limited resources available and this leads to a conflict between these various groups. This theory was given by Karl Marx and he has divided the people in society in to capitalist class and working class.

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Suppose a coalition of students from Lincoln High School succeeds in persuading the local government to impose a price ceiling o
kiruha [24]

Answer: Hi your question is incomplete attached below are the missing details

answer :

A) 16 used DVDs

B) i) $18

   ii) $6

   iii) $8

Explanation:

<u>A) Determine the weekly shortage of used DVDs due to ceiling price = $11</u>

shortage = Quantity demanded ( H ) - Quantity supplied ( F )

at ceiling price of $11 ; quantity demanded = 20 , Quantity supplied = 4

                = 20 - 4  = 16 used DVDs

B) i) <em>New consumer surplus = ADLK </em>

ADLK = ∠ ABK + BKLD

          = 1/2 * 4 * 1 ) + ( 15 - 11 )*4 = $18

<em>ii) New producer surplus = DLE </em>

DLE = 1/2 * 4 * ( 11-8 )

       = $6

<em> iii) Total economic surplus lost </em>

ΔKJL = 1/2 ( 8 - 4 ) * ( 15 - 11 )

         = $8  

6 0
2 years ago
Which of the following industries have been deregulated in recent years
Deffense [45]
It is C: Airlines

under the airlines deregulation act, the federal law removed the government's control over fares route and market entry however the act should not remove or diminish overall aspect of air safety by the federal aviation administration.
3 0
2 years ago
Read 2 more answers
Each day you have $5 for lunch. Today, you decided to save $2
prisoha [69]

Each day you have $5 for lunch. Today, you decided to save $2  and buy the chicken salad tomorrow for $6.50-<u>In this case the money is being used </u>

<u>to save and store the purchasing power</u>

Explanation:

The term money can be defined as a thing that serves as

  • A medium of exchange which is usually financial in nature.
  • It is used by the borrower to repay back to the lender-used to repay the debt.
  • It is used as an unit of accounting to measure your income and expenditure.
  • It is used to store the value of money -in other words used to save  the  purchasing power of an individual

Thus we can say that ,

Each day you have $5 for lunch. Today, you decided to save $2  and buy the chicken salad tomorrow for $6.50-<u>In this case the money is being used </u>

<u>to save and store the purchasing power</u>

8 0
2 years ago
Suppose that, due to exceptionally good weather in the Mid West, the United States experiences an increase in grain production i
Eva8 [605]

In this question, we are not provided with the specific numbers that are necessary to produce a graphical approach. Therefore, we cannot provide that part of the answer. However, we are able to talk, in general terms, about what an increase of grain production in the United States would cause in the rest of the world.

This is an effect of what is known as globalization. Globalization refers to the integration of the world's markets in goods and services, as well as flows of investment and people across national boundaries.

In order for globalization to take place, several processes have to occur first. Nations begin specializing in the production of good and services in which they are relatively low-cost producers. This allows for mutual gains for people in trading countries. However, while some groups might benefit, some others might be harmed by this pattern, such as those producing the goods that compete with the imports. In this example, some countries might benefit, but those that compete with the United States in terms of grain production might be damaged by the increased production of the United States.

6 0
3 years ago
On December 1, Victoria Company signed a 90-day, 8% note payable, with a face value of $16,200. What amount of interest expense
elixir [45]

Answer: Interest expense=$108

Explanation:

Interest expense =Principal x Rate x Time ( Period)

Where

Principal = $16,200

Rate =, 8%

TIme ( Period ) =  From December 1st to 31`st = 30 days

Interest expense= P x R x T

= $16,200 X 0.08 X 30/360

=$108

The amount of interest expense accrued at December 31 on the note is $108

6 0
2 years ago
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