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Further, Sraffa showed that a change in the rate of profit would change the measured amount of capital, and in highly nonlinear ways: an increase in the rate of profit might initially increase the perceived value of the truck more than the laser, but then reverse the effect at still higher rates of profit. See "Reswitching" below. The analysis ...
Transformation problem: The transformation problem is the problem specific to Marxist economics, and not to economics in general, of finding a general rule by which to transform the values of commodities based on socially necessary labour time into the competitive prices of the marketplace. The essential difficulty is how to reconcile profit in ...
In the absence of a net external force, the center of mass moves at a constant speed in a straight line. This applies, for example, to a collision between two bodies. [52] If the total external force is not zero, then the center of mass changes velocity as though it were a point body of mass . This follows from the fact that the internal forces ...
In theoretical physics, the hierarchy problem is the problem concerning the large discrepancy between aspects of the weak force and gravity. [1] There is no scientific consensus on why, for example, the weak force is 10 24 times stronger than gravity .
At instant 1, a mass dm with velocity u is about to collide with the main body of mass m and velocity v. After a time dt, at instant 2, both particles move as one body with velocity v + dv. The following derivation is for a body that is gaining mass . A body of time-varying mass m moves at a velocity v at an initial time t.
Classical mechanics is the branch of physics used to describe the motion of macroscopic objects. [1] It is the most familiar of the theories of physics. The concepts it covers, such as mass, acceleration, and force, are commonly used and known. [2]
In economics, forced saving occurs when the spending of a person is less than their earnings, due to the consumer goods shortages which can cause hyperinflation.Forced saving can also happen when available goods are too expensive, therefore a person who has no access to credit has to accumulate the money for their purchase over an extended period of time.
Strain is the ratio of change in length to the original length, when a given body is subjected to some external force (Strain= change in length÷the original length). Stress analysis is a primary task for civil , mechanical and aerospace engineers involved in the design of structures of all sizes, such as tunnels , bridges and dams , aircraft ...