Reference no: EM13122096
1. The production possibilities schedule shows
a. the resources available to the economy.
b. the maximum combinations of inputs.
c. the maximum combinations of outputs that can be produced with existing capacity.
d. Marx's transformation problem.
e. all of the above.
2. A factor is classified as a policy factor if
a.it is decided upon by politicians.
b.that policy is inherent to the economic system.
c.it coincides with the system's environmental factors.
d the factor can be changed without changing the economic system.
e. none of the above.
3. Which of the following statements is not true about Marx's theory of capitalism?
a. Labor is the sole source of surplus value.
b. There is an inherent tendency in industry to substitute labor with fixed capital.
c. Employers can compel workers to produce more than the value of their labor.
d. all the statements are true.
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Find probability that at most four cars were sold in week
: Twenty times they sold 6 cars, they never sold 7 cars, three times they sold 8 cars and one time they sold 9 cars. Find the probability that at most 4 cars were sold in a week.
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Position with a major accounting firm
: Jerry recently was offered a position with a major accounting firm. The firm offered Jerry either a signing bonus of $23,000 payable on the first day of work or a signing bonus of $26,000 payable after one year of employment.
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Taylor series and polynomials
: Use multiplication of Taylor series to find the quartic Taylor polynomial about 0 for the function h(x)=(cosx)ln(1+x) evaluating the cefficients
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Calculate the molar mass of x2co3
: 26.0cm of a solution containinh 1.86g of X2CO3 in 250 reacted completely with 27.0cm of solution contain 3.65g of HCL per dm,calculate the molar mass of X2CO3 and relative atomic mass of X, and identify X.
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Marxs transformation problem
: There is an inherent tendency in industry to substitute labor with fixed capital and employers can compel workers to produce more than the value of their labor.
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Explain how do the five forces of competition in an industry
: Explain how do the five forces of competition in an industry affect its profit potential?
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Mark the most concrete
: Imagine you are teaching the verb "to rent". What concept check questions would you use to check student understanding of the word?
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Find the hurwicz criterion of realism decision
: if Susan constructs a small station and the market is good, she will realize a profit of $50,000.What is the maximax decision? What is the Hurwicz (criterion of realism) decision with α = 0.8?
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Explain why do you think this was the dominant political
: Give a definition of "laissez faire" economics. (An economic doctrine that opposes government regulation of or interference in commerce.) Explain why do you think this was the dominant political and legal view in the 1800s and early 1900s?
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