based on Marx and Smith and Meiksins Wood, describe/summarize how the system we now know as capitalism emerged out of the feudal order in Europe. two paragraphs each

1) Structural differences: What are the structural differences between feudal society and the capitalist system that eventually replaced? What do the systems have in common? What are the differences?

2) Dynamic transformation: Why did the institutions of the feudal system (described in a) change ? What social processes produced these changes? What institutions replaced the old order and how did these changes come about?

Which of the following companies will likely find it most necessary to realize economies of scope through high volume sales?

Your professor has argued which of the following about the concept of “loyalty”?

disloyalty is the most elemental cause for discharging an employee

we should expect loyalty from the employer as well as the employee

loyalty is something that would become even more crucial if we were to fully implement the SWM business model

The public interest view of regulation suggests that regulation exists when the characteristics of a market differ significantly from those of a competitive market, characterized by all of the following except A. an absence of spillovers (i.e., all costs are internalized to sellers or buyers). B. large numbers of sellers with relatively low market shares and low cost of entry by new firms. C. low-cost information to firms with respect to the cost of production and to consumers concerning prices and quality. D. small numbers of sellers with relatively high market shares and high cost of entry by new firms.

Problem: Suppose that the demand for Cod Liver Oil (CLO) can be written QD =5000-2P (so, the inverse demand curve for CLO is P=2500-0.5QD), where P is the price per ton (in dollars) of CLO and QD is the quantity demanded (in tons) in a period. a) Calculate price elasticity of demand (using the point elasticity formula) at the following amounts of CLO along this demand curve: QD=4000, QD =2500, QD =1000. b) Calculate total revenue from sales in this market at QD =2500. Show your work please. d) Assume that demand will decrease based on a parallel shift of the demand curve. Explain what will happen to elasticity at QD=2500 (will it increase or decrease and why?). What will happen to total revenue at this quantity (will it increase or decrease and why?). Will the maximum total revenue for the market be achieved at a greater or a smaller quantity than QD=2500?

1.   Choose a firm that you want to know more about or that you would like to work for in the future. Research the firm and it's supply chain. Consider this from the raw materials to the end user and explain and define the firms supply chain.

2. How could the firm improve it's supply chain? Consider the Pareto Optimum.

3. Would a vertical merger be an option for the supply chain? What type of efficiencies may be gained? What may be lost?

Please use a car company

An engineer has been making annual deposits of $5,000 for 10 years into a savings account earning 8% interest. He/she decides to take a mid-life mini-retirement, and withdraws $5,000 for the next 5 years from the savings account (end of years 11, 12, 13, 14, and 15). At the end of the 5 year retirement they return to the workforce and deposit $15,000 every year for the next 10 years (end of years 16,17,....25). What is the Value of the savings account at the end of year 25? Enter in your answer rounded to the nearest whole dollar (0 decimal places) (i.e. $500,500.57 enter in as $500,501)

Discuss Article 90 of the Constitution of Turkey within the framework of the hierarchy of sources of law.

“International agreements duly put into effect have the force of law. No appeal to the Constitutional Court shall be made with regard to these agreements, on the grounds that they are unconstitutional... In the case of a conflict between international agreements, duly put into effect, concerning fundamental rights and freedoms and the laws due to differences in provisions on the same matter, the provisions of international agreements shall prevail”.

1. Why might a firm not wish to see a worker stay on until they are 75 years old?
2. What advantages and what drawbacks can you suggest that a performance related pay scheme for university lecturers might contain?

James Shellton is an experienced musician who operates the University Music Center at UW-Stout. On Saturday, Barbara Farkas and her 22-year-old daughter, Penny, went to Mr. Shellton's store to look at violins. Penny has been studying violin in college for approximately 9 months. Mrs. Farkas and Penny advised Mr. Shellton of the price range of which they were interested, and Penny told him she was relying on his expertise. He selected a violin for $368.09, including case and sales tax. Mr. Shellton claimed that the instrument was originally priced at $465 but that he discounted it because Mrs. Farkas was willing to take it on an "as is" basis. Mrs. Farkas and Penny alleged that Mr. Shellton represented that the violin was "the best" and a "perfect violin for you" and that it was of high quality. Mrs. Farkas paid for it by check. On the following, Monday, Penny took the violin to her college music teacher who immediately told her that it had poor tone and a crack in the body and that it was not the right instrument for her. Mrs. Farkas telephoned Mr. Shellton and asked for a refund. He refused, saying that she had purchased and accepted the violin on an "as is" basis. Had Mrs. Farkas "accepted" the violin so that it was too late for her to reject it? Argue for James Shelton

Agree or disagree with the main ideas of the 2008 crisis. The 2008 crisis was the fall of the housing market. Banks were lending money to people that couldn't afford to buy houses and it eventually caused people and banks to go bankrupt. If you agree, find out specific events or ideas and provide examples. Explain this in the context concerning the importance, implications, and real-life examples of the issue. if you disagree, provide counterexamples.

Suppose we refused to sell goods to any country that reduced or halted its exports to us. Who would benefit and who would lose from such retaliation? Can you suggest alternative ways to ensure import supplies? Are there any particular imported commodities that you or your firm rely on? What has happened to the supply of these imports over the years?

If managers are risk- averse and owners are risk- neutral, will owners benefit
from paying managers using a bonus plan instead of a flat salary? Why
or why not?

Question 4: Relate a situation where you had to make an ethical decision, at work or at home, and spell out how you decided what the ethical solution was. This will be a completely confidential paper and no one except the Professor will see it. Be honest and explain your decision fully and completely.