What is surplus? How does the owner of the means of production calculate his profit?
Question:
What is surplus? How does the owner of the means of production calculate his profit?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
Surplus can refer to different things depending on the context but in economics it often refers to the difference between the total value created or p...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Economics An Introduction To Traditional And Progressive Views
ISBN: 9780765616685
7th Edition
Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers
Question Posted:
Students also viewed these Business questions
-
1. Hannah is applying for a life policy on her girlfriend Sarahs life. The policy is $500,000 and carries a large premium. Hannah is the main earner, so she is concerned about not being able to pay...
-
The Production manager of the Good Time Wine Rack Company is retiring and the Managing Director is looking to replace her. You are preparing a work schedule as youare hoping to be offeredthe position...
-
The following selected data are for Perron Importers Limited for its first three years of operations: Instructions Determine the missing amounts. TAKING IT FURTHER What information does the owner of...
-
Jason is unhappy with the performance of his mutual fund. He sells his shares in the current fund and repurchases shares in a similar fund with the same firm. This transaction may not be a taxable...
-
Assume that Hurricane, Inc., is a U.S. company that exports products to the United Kingdom, invoiced in dollars. It also exports products to Denmark, invoiced in dollars. It currently has no cash...
-
Kenoly Corporation owns a patent that has a carrying amount of $300,000. Kenoly expects future net cash flows from this patent to total $210,000. The fair value of the patent is $110,000. Prepare...
-
This problem helps you develop skill in recording transactions by using a companys actual account titles. Refer to the Amazon.com financial statements in Appendix A. Assume that Amazon.com completed...
-
1. How do information technologies contribute to the business success of Sew What? Inc.? Give several examples from the case regarding the business value of information technology that demonstrate...
-
How do job demands-resources (JD-R) models explain the relationship between job characteristics, personal resources, and employee stress, and how can organizations apply this framework to design jobs...
-
Describe the source of income for each of the four main classes under capitalism as described by Marx. From what are interest, rents, profits, and taxes derived?
-
List and describe the two important functions served by the unemployed and explain why they are important to capitalism.
-
The elements of the impedance matrix are the transfer functions \(G_{i, j}(s)\). Indicate whether the statement presented is true or false. If true, state why. If false, rewrite the statement to make...
-
Blossom, Inc. produces three types of balloons-small, medium, and large-with the following characteristics: Small Medium Large Selling price per unit $7.00 $11.00 $15.00 Variable cost per unit 3.00...
-
The following equation gives the angular position of a steel hollow sphere versus time: e(t) = At + Br The values of the parameter A and B are: 1.1 and 1.6, respectively. The sphere has a mass of 12...
-
Blossom Company purchased, on January 1, 2025, as an available-for-sale security, $76,000 of the 9%, 5-year bonds of Penny Worth Corporation for $70,382, which provides an 11% return. Prepare...
-
Last year's contribution format income statement for Huerra Company is given below: Sales Variable expenses Contribution margin Fixed expenses Net operating income Income taxes @ 40% Net income Total...
-
1. Given the parametric equations below, find the point on the curve in the xy-plane when t = 0. (3 pts) x = 3t-1, y = t + 6
-
When a person exercises, muscle contractions produce lactic acid. Moderate increases in lactic acid can be handled by the blood buffers without decreasing the pH of blood. However, excessive amounts...
-
The Zwatch Company manufactures trendy, high-quality moderately priced watches. As Zwatch's senior financial analyst, you are asked to recommend a method of inventory costing. The CFO will use your...
-
Edelman Engineering is considering including two pieces of equipment, a truck and an overhead pulley system, in this year's capital budget. The projects are independent. The cash outlay for the truck...
-
Davis Industries must choose between a gas-powered and an electric-powered forklift truck for moving materials in its factory. Since both forklifts perform the same function, the firm will choose...
-
Project S has a cost of $10,000 and is expected to produce benefits (cash flows) of $3,000 per year for 5 years. Project L costs $25,000 and is expected to produce cash flows of $7,400 per year for 5...
-
Matheson Electronics developed a new electronic device it believes will have broad market appeal. The company gathered the following estimates: The equipment needed to make the device would cost $ 4...
-
Dwight Donovan, the president of Donovan Enterprises, is considering 2 investment opportunities. Because of limited resources, he will be able to invest in only 1 of them. Project A is to purchase a...
-
How long would it take for S&S to pay off the smart loan assuming 30-year traditional mortgage payment? Why is this shorter than the time needed to pay off the traditional mortgage? How much interest...
Study smarter with the SolutionInn App