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8 - According to Marx and Engels, why would capitalism eventually collapse?
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- Question 15 What was Radical Doubt? Rene Descartes' attempt to overcome the mind's deceptions that result from Bacon's "Idols" O royalist idea that common people are incapable of electing and running a government O Enlightenment theory that Despotism's rule by fear would not hold up during a popular revolution O religious idea that God does not exist and that religion is a massive fallacy Question 16 How was "reason" important to the Enlightenment? O none of the other answers are correct O Enlightenment leaders copied the ancient Greek idea of Reason and how the Greek deity's image O Enlightenment leaders used "reason" as the justification for teaching people to read and write O it was both the method and the goal of the EnlightenmentSummary: In what ways does a society's values determine how it answers the question, "Who gets how much of what? THE ONLY QUESTION YOU HAVE TO ANSWER IS THE SUMMAR QUESTION ABOVE. Central Question of Economics: "Who Gets How Much of What?" Scarcity is a fundamental economic problem of having seemingly unlimited human wants in a world of limited resource Who?: Who are we talking about? Who are the players in the economics world? Men, Women, Children, Governments, The Elderly, Corporations, Developed/Developing Nations What?:What are we talking about? What are the things that an economic system produces and distributes? Property, Land, Housing, Utilities, Food, Clothes, Education, Jobs, Taxes, Healthcare, Transportation (cars, planes, etc.), Communications, and Electronic Devices How Much Of? Name other ways of saying “how much of something?” Years, Frequency, Size, Quantity, AmountSubject: Manegerial economics & policy Following are examples of typical economic decisions made by the managers of a firm.Determine whether each is an example of what, how, or for whom.a. Should the company make its own spare parts or buy them from an outside vendor?b. Should the company continue to service the equipment that it sells or ask customers touse independent repair companies?c. Should a company expand its business to international markets or concentrate on thedomestic market?d. Should the company replace its own communications network with a “virtual privatenetwork” that is owned and operated by another company?e. Should the company buy or lease the fleet of trucks that it uses to transport its productsto market?
- please help i beg :(11-20 Which type of fallacy does this statement falls in "You notice that the more your friend likes a class, the better grade s/he earns. So, liking a class causes him/her to get better grades": A. Reversing cause and effect B. Oversimplification C. Coincidence D. Bidirectional causation
- - *Suppose Congress were to pass legislation requiring that businesses employing workers with three or more children pay these employees at least $20 per hour. How would this legislation affect the employment level of low-skilled workers with three or more children? Do you think some workers with large families might attempt to conceal the fact? Why?1.) Suppose the supply curve for labor in a competitive industry is given by Ls = 10 + w and the demand curve for labor is Ld = 40-4w. What is the equilibrium wage and employment? What is the unemployment rate? Suppose now that all firms pay an efficiency wage of $8/hr. How many workers lose their jobs? What is the increase in the size of the labor force? What is the increase in the labor force participation rate? What is the new unemployment rate?2.) Two individuals, Ms. S and Ms. T, just graduated from college and are looking for jobs. Both individuals have only limited amounts of savings. As a result, their reservation wages are identical. However, Ms. S had the opportunity to take this class, so her skills are superior to those of Ms. T. Answer the following questions, providing graphs to demonstrate what is occurring where appropriate.(a) How does the expected duration of unemployment compare across the two individuals?(b) How does the wage each individual expects to receive…4. What is the meaning of the business negotiation quotation?
- G613. Mercantilism Mercantilism is an economic system which developed after manorialism (from the 15th to the 18th centuries – time period) and is associated with colonial types of government. Some countries that practiced mercantilism included Great Britain, Portugal and Spain (society). Mercantilism is when a country believes that the more wealth it stores up, the greater their government should be. So, mercantilist countries build up their nation's wealth by exporting (selling) more goods than they import (buy from other countries). Countries needed to find places to sell their goods as well as to find places where to get natural resources. For this reason, they found and conquered colonies. Colonies supplied their Mother countries with the raw materials that were used to produce finished goods and then send those goods back to their colonies. Generally, merchants controlled what resources were to be produced and how they were to be used, sold or traded. However, monarchs (kings or…
