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What does Marx mean when he uses the term “mode of production”? How is the mode of production related to the forces of production and the relations of production? (Be sure to carefully define ‘forces of production’ and ‘relations of production’ in your answer.) How do ‘contradictions’ within the mode of production explain the transition from feudalism to capitalism? Do contradictions within the mode of production also give hints regarding the direction in which capitalism is heading?
Why might a profitable motel shut down in the long run if the land on which it is located becomes extremely valuable due to surrounding economic development What kinds of costs are involved in making a decision to shut down
What is the difference between fixed cost and variable cost? Explain the shape of the Total Variable Cost curve and explain why and how the total cost and total variable cost curves differ.
Ongoing United States struggles in Iraq and Afghanistan, political unrest in South America, and civil wars in Africa have driven crude oil values up for the last many years.
Which of these is true about the marginal benefit / marginal cost to abatement and the total cost / total benefit to abatement graphs? (Multiple answers allowed) The graphs contain dissimilar information
Further, assume that the countries have similar resource endowments and that, initially, they are not trading with each other. Therefore, each of the countries has to produce both rice and tea for its citizens. Suppose that, in the no-trade situat..
write a 700- to 1400-word essay examining five ethical decisions you made recently. do not feel pressured to disclose
What circumstances would the industry short run labour demand curve have the same elasticity as that of a representative firm in this industry? which of the four laws of derived demand are important here? explain your reasoning.
How many tons of ice cream will the factory produce? how much does it pay in emission fees? what are its profits?
Explain how a franchise could be considered a partnership? what make a franchise agreement simpler than a partnership that you would start with another individual?
prepare a one to two 1-2 paragraph journal entry that examines your learning experiences with orion in week 4 of this
what do you mean by a social welfare function? if assume that such a function exists what properties of social optima
Ronald Coase points out that a market failure does not arise simply because people ignore the external cost of their action. What other condition is necessary What did Coase consider to be the efficient solution to a negative externality
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