What was karl marx contribution

Assignment Help Business Economics
Reference no: EM131991512

So in terms of economics, what was Karl Marx's contribution? What makes his economics different from the economics we learn today. Was he right or wrong?

Reference no: EM131991512

Questions Cloud

Explain the treatment of unallowable costs on billings : Explain the general treatment of unallowable costs on billings, claims, and application of penalties.
Discuss the components of a social media campaign : From the scenario, prioritize the most significant components of a social media campaign according to the level of influence each could have on the new product.
Difference between the balance and market value of loan : What is the difference between the balance and the market value of the loan after 36 monthly payments if the interest rate rises to 5%?
Analyze and explain the challenges with freedom of speech : Analyze and explain the challenges with freedom of speech..Analyze and explain any challenges with freedom of information.
What was karl marx contribution : So in terms of economics, what was Karl Marx's contribution? What makes his economics different from the economics we learn today. Was he right or wrong?
Design of gsm cellular mobile radio base station network : BE301 – TELECOMMUNICATION MODELLING AND SIMULATION - Design of GSM Cellular Mobile Radio Base Station Network
Realized return is known as holding period yield : If you actually sell the bond before it matures, your realized return is known as the holding period yield (HPY).
Calculate the expected real interest rate : Suppose, the current year is the base year for the price index calculation and the Nominal interest rate is 6.59% and the Expected inflation rate is 4.61%:
Develop the company branding and distribution strategy : Develop the company's branding, pricing, and distribution strategy. Develop the differentiation strategy in relation to the closest competitor.

Reviews

Write a Review

Business Economics Questions & Answers

  Do you think this firm enjoys much market power explain

A firm has $1.5 million in sales, a Lerner index of 0.57, and a marginal cost of $50, and competes against 800 other firms in its relevant market.

  Elasticity demand for insurance products

What does this say about the elasticity demand for insurance products?

  Targeted capital structure

Wilson Corporation (not real) has a targeted capital structure of 40% long term debt and 60% common stock. The debt is yielding 6% and the corporate tax rate.

  Product required the least amount of specialized investments

Andrew has decided to open an online store that sells home and garden products. After searching around, he chooses the software company Initech to provide the software for his website since their product required the least amount of specialized inves..

  Determine the payback period for the plant

The plant will last 40 years, and the electric authority uses a 3% interest rate. Determine the benefit/cost ratio. Determine the payback period for the plant.

  Assume that household is choosing how to allocate income

Assume that a household is choosing how to allocate their income (Y) over the next two years for consumption (C). Assume that Y 2016 = $100,000 and Y2017 = $0 meaning they are going to retire at the beginning of 2017, except to die at the end of 2017..

  Determine the income elasticity of demand

Determine the income elasticity of demand, and state whether good X is a normal or inferior good. d. Determine the own advertising elasticity of demand.

  Explain how the fall in the average weekly wage

when the state cuts its rate by 4 cents an hour. Explain how the fall in the average weekly wage and the minimum wage will influence aggregate supply.

  Equivalent annual construction cost per mile

The state's interest rate is 8%, and the road should last 40 years. What is the probability distribution of the equivalent annual construction cost per mile?

  Why perfect personalized pricing is typically profitable

Explain why perfect personalized pricing is typically more profitable than menu pricing.

  Illustrate what is the likelihood all four of the selected

Illustrate what is the likelihood all four of the selected flights arrive within 15 minutes of the scheduled time.

  Can inflation cause or effect unemployment

What factors can contribute to unemployment? How can technology lead to greater unemployment, or is it a benefit to the economy? Can inflation cause or effect unemployment? How?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd