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Discuss whether or not an eighteenth-century pirate ship can be classified as a firm. To answer this question, you should research the characteristics of pirate ships online and investigate if they satisfy the features that define a firm.
Other car manufacturers in the United States quickly adopted the production techniques pioneered by Henry Ford.
One of the incentives that led to the introduction of the moving assembly line and other technological innovations in the production of cars in the United States was the increase in the wages of skilled workers required to produce cars using older production methods.
According to this cite regardless of the size of the house or amount of property, private property belongs to a man and not the state and therefore one has every right to protect it from the state regardless of its condition.
A firm is considered as an actor in the capitalist economy and a stage for which interactions that support that kind of economy are played out. In the case of a pirate ship, it is a firm. This is because it acts as an enterprise in which capitalist engagements are carried out. For example the captain as the leader of the ships uses the resources he has, first mates and other members of the ship to attack other ships and steal merchandise from them. It is therefore a firm.n this case, technology B dominates. This is because it uses less number of workers to generate a large number of products
The bidding wars reduced the consumer surplus whereas increase the producer surplus. This is because the bidding wars increased the price level for which individuals could by its price regardless of its discordance to value.
The law therefore reduced the amount of producer surplus and made it near equal to consumer surplus since the cars were valued according to its market prices and made available to whom had sufficient budget to purchase it.
The content being studied should be a constant since it may influence the outcome of the grades. The size of the classroom also should be a constant such that the mean is not affected.
There is an decrement in discretionary hours while the choice for leisure and more people will have to choose leisure
Earnings from actual amount = 25 *40 * 63
= 63000
Expected Amount = 535 * 63/2
= 16, 852.5
Economic Rent = 63, 000 – 16,852.5 - 12600
= 33, 547.5
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