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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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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Question Posted: Nov 07, 2023 01:05 PM

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What does the labor theory of value assume about other inputs such as, in the example of

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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

Economics An Introduction To Traditional And Progressive Views

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