What does the labor theory of value assume about other inputs such as, in the example of
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What does the labor theory of value assume about other inputs such as, in the example of the pigs, feed or machinery? In other words, how is the labor measured for inputs other than employees?
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The labor theory of value primarily focuses on the role of labor as the primary source of value in the production of commodities This theory assumes t...View the full answer
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Related Book For
Economics An Introduction To Traditional And Progressive Views
ISBN: 9780765616685
7th Edition
Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers
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