December 28, 2020

Difference between labor and surplus labor

1.In Marx’s view, what is the difference between labor and “surplus” labor? How is the capitalist able to extract surplus labor? 2.Why did Marx believe that capitalism would fall […]
December 24, 2020

Trade deficit and trade surplus

In Chapter 9 you were introduced to the terms trade deficit and trade surplus. In Chapter 19 your view of imports and exports was expanded to […]
December 24, 2020

Measure of Consumer surplus

UCDavis Econ 100 HomeWork 7All requirements and formats are in the following two documents.Topics: Utility, budget constraint and optimizationUse Template For Student Answers as the format […]
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