Question: Please answer the following questions. I have provided the link for the book. Thank you! Answers to this questions will prepare me for the final
Please answer the following questions. I have provided the link for the book. Thank you!
Answers to this questions will prepare me for the final exams. I will use my own work in final.
This question are from Chapter 10: Capitalist Production and Profits
Book link: https://studyres.com/doc/4121760/understanding-capitalism-3rd-edition-by-samuel-bowles
Question 1:
Is it possible for a firm's profit rate to rise while its total profits fall?Is it possible for a firm's profit rate to fall while its total profits rise?What changes in the determinants of the profit rate could lead to these results?
Question 2:
Consider the determinants of the rate of profit.There are a variety of strategies capitalists might employ to raise the rate of profit.Does using these strategies to increase r necessarily hurt workers?If not, which does and which doesn't
Question3:
Distinguish between capitalist and commercial profits.
Question4
Write out the complete equation for the profit rate you have learned, defining all the terms you use.
Question 5:
Describe four strategies to increase the numerator in the equation for the profit rate.
Question 6:
Sometimes, when there is news that wages are on the rise, the stock market falls.Why?
Book link: https://studyres.com/doc/4121760/understanding-capitalism-3rd-edition-by-samuel-bowles
Thank you so much!
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