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.
Correct Answer:
Verified
Q34: Marx predicted that:
A) profit rates would fall.
B)
Q35: According to Marx, if the wage increased
Q36: According to Karl Marx, if workers produce
Q37: Marx predicted that:
A) profit rates would rise.
B)
Q38: According to Marx, surplus value is:
A) taken
Q40: Which of the following describes the Communist
Q41: Socialism in Yugoslavia was characterized by:
A) private
Q42: The former Soviet Union was characterized by
Q43: In the former Soviet Union, the quantities
Q44: Socialism under Stalin was an economic system
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