According to Marx, Which of the Following Would Be a Utopia

question 68

Multiple Choice

According to Marx, which of the following would be a utopia?

• A)Clearer class divisions
• B)Life where benefits are provided equally
• C)The triumph of capitalism
• D)Little power for the proletariat

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Definitions:

Consumer Surplus

A term often used to refer both to individual consumer surplus and to total consumer surplus.

International Trade

International trade involves the exchange of goods and services between countries, driven by comparative advantages that allow countries to produce goods more efficiently.

Autarky Price

The price of a good in a closed economy that does not engage in international trade, determined solely by domestic supply and demand.

World Price

The price at which a good can be bought or sold abroad.