Answer: In accordance with the neoclassical economics, the monetary value of a commodity or service is considered as the price of the commodity in an open market. This value is generally determined by the forces of demand and supply , i.e the demand for the commodity relative to supply. Several neoclassical economist evaluate the value of a product or service with the price, irrespective of the market being competitive.
Answer:
Science
Explanation:
The great philosopher and mathematician Bertrand Russell used to see the value of philosophy, almost from an epistemological point of view. To him, the worth of philosophy is to prove the validity of convictions and at the same time, to make the Science as solid and profound as possible.
He did that in Philosophy of Science, in Mathematics.
Shamus Khan is a renowned sociologist with research interests on inequality and elites. He comes from an economically privileged immigrant family and attended St. Paul's school in Concord, New hampshire, where he graduated in 1996. Since he had a comfortable background and studied at that same institution, he was already familiar with the setting he would encounter during his reasearch in St. Paul's, which is stated in his book "Privilege
: The Making of an Adolescent Elite at St. Paul's School".
There are two types of rainforests, tropical and temperate. Tropical rainforests are found closer to the equator where it is warm. Temperate rainforests are found near the cooler coastal areas further north or south of the equator. The tropical rainforest is a hot, moist biome where it rains all year long.
The Declaration of Independence. Thomas Jefferson wrote theDeclaration of Independence in 1776. Its purpose was to declare the 13 colonies in America free and independent from Great Britain, get other colonists on board, and to encourage other nations to help them.I think this can help.
