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Lesechka [4]
2 years ago
13

Workers picking strawberries can pick 100 baskets an hour, but the value of 20 baskets is all it costs the employer to pay them

their hourly wages. According to Karl Marx, the income the employer collects from the extra baskets is:__________
a. cultural capital.
b. surplus value.
c. endogamy.
d. wealth.
Business
1 answer:
Sergio [31]2 years ago
5 0

Answer:

Surplus value.

Explanation:

Surplus value can be defined as the value of a work done which exceeds the cost of labour. It also refers to extra value or work out in by the worker. Capitalist take advantage of this extra value to classify it as profit when the products are sold.

The amount of money that capitalist pay their workers is less than the value in which the workers have added to the goods produced, thereby leading to exploitation of the workers.

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The estimated unit costs for a company to produce and sell a product at a level of 13,500 units per month are as follows:
Softa [21]

Answer:

The correct answer is $79.

Explanation:

According to the scenario, the computation of the given data are as follows:

We can calculate the estimated variable cost by using following formula:

Estimated variable cost = Direct material + Direct labor + Variable manufacturing  overhead + Variable selling  expenses

By putting the following value in the formula, we get

Estimated variable cost = $34 + $22 + $19 + $4

= $79

Hence, the estimated variable costs per unit is $79.

4 0
2 years ago
Altacey, a multinational company that sells consumer durables, divides its target markets on the basis of the density of populat
pshichka [43]

The correct answer is D. Geographic segmentation

Explanation:

Segmentation is a common business strategy that implies considering customers according to different features such as location, cultural values, buying behavior, etc. and creating marketing plans based on this. In the case of geographic segmentation, this occurs if customers are considered according to location, for example by dividing the market or customers according to the city, state, country, etc. or according to population density. This second strategy is the one used by Altacey as the money, employees, products, and other factors are assigned based on density. Thus, the segmentation is geographic.

4 0
2 years ago
Suppose there is one ticket left for tonight’s performance of Hamilton on Broadway. The ticket costs $700. Sean is a community c
castortr0y [4]

Answer: B. Anca

Explanation:

From the information provided in the question, we should note that Anca purchasing the tickets will lead to a more economically efficient outcome.

From the information given, we can see that Anca is willing to pay $1250 while Sean wants to pay $705. Therefrom Anca purchasing the tickets leads to a better efficiency.

We can also infer that if Anca pays $1,250, a consumer surplus of $550 is gotten while Sean would get a consumer surplus of only $5.

Therefore, the correct option is B.

3 0
1 year ago
A consulting firm has a predetermined overhead rate of $120 per labor hour. The Smith job required 5 hours to compete. The overh
andriy [413]

Answer:

overhead cost = $600

Explanation:

given data

overhead rate = $120 per labor hour

time required = 5 hours

to find out

overhead cost

solution

we get here overhead cost  that is express as

overhead cost  = overhead rate ×  time required ..............1

put here value and we get

overhead cost = $120 × 5

overhead cost = $600

6 0
2 years ago
Identify a difference between the crisis stage and the dissolution stage of organizational decline. Select one: a. In the crisis
pentagon [3]

Answer: c. Decline is reversible at the crisis stage, whereas it is irreversible at the dissolution stage.

Explanation: Crisis Stage; at this stage decline is still reversible if the

organisation reorganizes it ways of operations or conducting business. What they can do at this point is to carryout cutbacks and layoffs which would help reduce it's financial burden and create additional capital to run the business. At the dissolution stage nothing can be done anymore to salvage the company as it would have run into bankruptcy and would need to fold up.

7 0
2 years ago
Read 2 more answers
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