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The production planner for a private label soft drink maker is planning the production of two soft drinks: root beer (R) and sassafras soda (S) . Two resources are constrained: production time (T) , of which she has at most 12 hours per day; and carbonated water (W) , of which she can get at most 1,500 gallons per day. A case of root beer requires 2 minutes of time and 5 gallons of water to produce, while a case of sassafras soda requires 3 minutes of time and 5 gallons of water. Profits for the root beer are $6.00 per case, and profits for the sassafras soda are $4.00 per case. For the production combination of 180 root beer and 0 sassafras soda, which resource is slack (not fully used) ?
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Individuals who analyze and study society, economics, and history through the lens of Marxism, a framework based on the ideas of Karl Marx focused on class struggle and societal change.
Deviance
Behaviors or actions that defy societal norms or expectations, attracting disapproval or sanctions.
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An economic system based on private ownership of the means of production and their operation for profit, characterized by competitive markets, capital accumulation, and wage labor.
Postmodernist Theory
A philosophical approach that questions the grand narratives and ideologies of modernism, emphasizing the role of language, power dynamics, and cultural contexts in shaping our understanding of truth and reality.
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