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November 25, 2008

Homework #7

Economics 493
Fall 2008
Homework 7
Due Thursday, December 4

1. According to Marx, why does profit fall over time?

2. Use the numerical example developed in class to examine what happens to the rate of exploitation and profit if the length of the working day is extended to 15 hours.

3. What is Clark's response to Marx's theory of exploitation?

Posted by on November 25, 2008 at 01:29 AM in Fall 2008, Homework |

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