According to Karl Marx, the Subsistence Wage Is The

question 61

Multiple Choice

According to Karl Marx, the subsistence wage is the:

• A) marginal cost of production under socialism.
• B) marginal cost of production under capitalism.
• C) payment just high enough to enable the working population to sustain itself.
• D) accounting profit of the bourgeoisie that enables the replacement of socialism with communism.

---

Definitions:

Equities

Equities represent ownership interest in corporations in the form of common or preferred stock, and they entitle the holder to a share of the company's profits through dividends.

Investment Portfolios

A collection of financial investments like stocks, bonds, commodities, and cash held by individuals, financial institutions, or organizations.

Risk Averse

A behavioral characteristic of individuals who prefer avoiding losses over acquiring equivalent gains; a preference for certainty over gamble.