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What economist wrote in Iron Law of Wages that it was pointless to increase wages because this just led to families having more children and that their wages would only cover the cost of necessi?
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∙ 10y ago
David Ricardo
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∙ 10y ago
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Social responsibility of business is to increase its profit elucidate this statement in the context of the economists?
The social responsibility of business is to increase its profit elucidate this statement in the context of the economist. Social responsibility should not be meant for profits but to the thank the loyal customers for buying certain goods.
What is the moral obligation of a corporation?
According to Nobel prize winning economist, "The Social Responsibility of Business is to Increase its Profits." See http://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html
Why was surplus important?
because it made families get larger and because then if a family did not want to increase that family would have more food to survive
Why do economist use percentage change to calculate elasticity of demand?
They use percentage change because of the nature of the unit being described. The elasticity of demand specifies how much percentage demanded changes in response to a 1% increase in price.
What is the importance of Economic Geography?
Geography is very important to an economist bcos it helps us to understand how to get more resources from the environment without necessarily ruining the environment. Its the job of the economist to get more resources which brings about increase in productivity and in turn reduce poverty to the bearest minimum and that is where geography comes in because it gives us insight about our environment.
How does the cost of living increase affect low income families?
Parents may not able to provide the necessity of their children.
What implications does the increase in single-parent homes have for society?
As single parent families increase, it can place a financial burdens on state and the federal government to aid poor single parent families. Aside from that, most sociologists believe that children in such families suffer as a parent is "missing". This is not healthy for any nation.
What implication does increase in single-parent home have for society?
As single parent families increase, it can place a financial burdens on state and the federal government to aid poor single parent families. Aside from that, most sociologists believe that children in such families suffer as a parent is "missing". This is not healthy for any nation.
As children grow can there body height increase or decrease or remains the same?
As children grow their bodies increase.
Why might a high rate of infant mortality affect the size of families?
High infant mortality rates may lead to larger families as parents may have more children to compensate for the risk of losing some in infancy. Additionally, larger families may be seen as a way to ensure that at least some children survive to adulthood. Ultimately, the desire to have more children to increase the likelihood of some surviving can result in larger family sizes in communities with high infant mortality rates.
What ways did southerners attempt to satisfy the need for more slaves?
Once it was illegal to import slaves from Africa, Southerners tried to increase the existing supply of slaves. They encouraged slave families to have as many children as possible.
Which social science might study the effect of a tax increase on families?
All
What is a factor in the increase of single parent families in North America?
An increasing divorce rate
Why did population increase in colonies in the 1700s?
Large families and more immigrants came to the colonies.
Does Children hearts increase as they get older?
What do you mean increase. IO will answer your question when you improve it! :)
Taking 50mg zoloft if you drink alchol will your bac increase more than normal?
No, but it's pretty -- ah -- pointless to take a depressant drug with an antidepressant.
What stage of the demographic transition has the highest natural increase rate?
The second stage of the demographic transition has the highest natural increase rate. This is because birth rates remain high while death rates decline due to improvements in healthcare and sanitation, leading to a rapid population growth.
