Why Did Marx Feel the Relationship Between the Classes Is

question 38

Multiple Choice

Why did Marx feel the relationship between the classes is coercive?

• A) The bourgeoisie will always be exploited by the proletariat.
• B) The proletariat seeks to keep wages low and profits high.
• C) Workers are perpetually beholden to capitalists for wages.
• D) The classes have not cooperated since Roman times.

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Definitions:

MPP

Marginal Physical Product, the additional output resulting from the use of one more unit of a variable input, holding all other inputs constant.

MRP

Marginal Revenue Product; the additional revenue generated from employing one more unit of a resource or factor of production.

Substitution Effect

The change in demand for a good or service that occurs when its price increases or decreases, leading consumers to substitute it with other goods or services that are relatively more or less expensive.

Output Effect

The impact on the total production of goods and services in an economy resulting from changes in demand, supply, technology, or factors of production.