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This format should allow you more time to think about your answer. The length of your answers should range from 2-4 paragraphs, depending on the complexity of the question. Each question is worth 10 points. Remember to use the readings and your class notes to answer the questions. Use citations/quotes and then go on to interpret and explain the quote in your own words.

Use the circuits of industrial capital to describe the location of capitalist profit. Be sure to explain what “surplus value” is and how it is created. Go on to describe the 3 main factors that influence the rate of surplus value and give examples of each one using contemporary 21st century examples.

Operation Management, Management Studies

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