Karl Marx said the people who control a society are the people who
A. run the government.
B. own the land.
C. own the plant and equipment.
D. work in the factories.
C. own the plant and equipment.
Economics
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Which of the following best illustrates the concept of derived demand?
a. A decrease in the price of glass causes the demand for plastic to decrease. b. An increase in the demand for bread leads to an increase in the demand for flour. c. A decrease in the price of air travel leads to an increase in the quantity demanded of air travel. d. An increase in the demand for peanut butter leads to an increase in the demand for jelly.
Economics
Perfect competition is an ideal market structure
a. True b. False Indicate whether the statement is true or false
Economics