I will post it down 13 question to be answerd in 5 pages Essay

I will post it down 13 question to be answerd in 5 pages - Essay ExampleThese views represent a mixed bag just as advocated for by Marshall and Smith. As such, values differ in aver and manner depending on the user and the needs (Marron 94).2. Likewise, how atomic number 18 wages and profits determined in your economic theory? By subsistence level desire Malthus and are they mutually exclusive as they are for Ricardo? Or by social/historical determinants like Marx or by supply and demand in the market, like NC theorists?The market forces of demand and supply are what determine wages and profits in an economic theory. These forces determine the costs of operations within the industry, thereby set costs such as the cost of living, the costs of operations in the company, as well as determine the level of efficiency and effectiveness in the company. As such, a company sets the wages according to market levels, since very low wages will dismiss good and experienced workers, whilst on the new(prenominal) hand, very high wages will drain the companys profits. The main goal under these conditions is to keep the level of costs at controllable measures in order to maintain high profits.3. What is your theory of human behavior? i.e., do you see humans as profit-maximizing individualists, or as community-minded workers who calculate great satisfaction from their work (like Veblens idea of workmanship) or something else?Human beings are profit-maximizing individualists who work hard to make them rich and comfortable. This is because close to people think about satisfying their own needs and desires first before they look out for the welfare of others and of the community. For instance, an individual will go to schoolhouse study hard to get the best grades, and then seek employment in the biggest corporation within his or her neighborhood. However, the first thing he or she will do with their paycheck is to buy a new car, or