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Marx argued that the process of accumulation leads to a rising organic composition of capital. Explain why this matters, both from a theoretical perspective and in terms of real-world implications. Please cite volume and page numbers from Capital.
Which of the following statements about B2B market segmentation is MOST true?
Perfect competition and economic efficiency. The market demand curve for widgets is P = 30 – Q while the market supply curve is P = Q. What is the equilibrium price and quantity in the widget market under perfect competition? What is the economically..
Analysis of Pricing: You manage MBA Deli which sells meals at a price of $6 each. The average number of meals sold per month is 7,000. MBA Deli would like to increase its sales and profits. The MBAs running the Deli, know that if price is lowered, th..
Under both President Bill Clinton and President George W. Bush, members of the opposition party in the Senate often blocked the president's nominations to district and circuit courts. Under what circumstances are such blocking actions a legitimate ex..
In this forum, share your thoughts on what you feel is the most important environmental issue we face Be specific and include at least one link to a specific (factual - not a blog) website or internet article that deals with that issue and a brief ov..
Explain the essential distinctions among the stages-of-growth theory of development, the Structural change models of Lewis and Chenery.
A potential entrepreneur is trying to decide whether to open a new health spa. she presently makes $35,000 per year as an aerobics instructor and will have to give up this job if she opens the new health spa.if she chooses to open the spa,it will cos..
What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time?
Suppose that consumption expenditures, investment expenditures, and government purchases are 75 billion, 25 billion and 20 billion, respectively. How large should the GDP be so that the net export is zero?
Which one of the following variables is most likely to increase as production effort is increased? Which one of the following variables is most likely to decline as production effort increases? The efficient price of a license fee is determined by th..
If each of the firms sets its own output rate to maximize its profits, assuming that the other firm holds its rate of output constant.
Suppose that the economy improves and the crime rate in West Philadelphia drops, so that the marginal product and average product of a group of 100 police offers is now 55 arrests per hour for any number of police officers. What is the optimal alloca..
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