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producers' value

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  • Value and Capital — is a book by the British economist John Richard Hicks, published in 1939. It is considered a classic exposition of microeconomic theory. A central result in consumer demand theory that the book builds on is that goods have value even with only… …   Wikipedia

  • value — The importance placed on something by an individual. Value is subjective and may change according to the circumstances. Something that may be valued highly at one time may be valued less at another time. The CENTER ONLINE Futures Glossary * * * ▪ …   Financial and business terms

  • Law of value — The law of value is a concept in Karl Marx s critique of political economy. Most generally, it refers to a regulative principle of the economic exchange of the products of human work: the relative exchange values of those products in trade,… …   Wikipedia

  • Surplus value — is a concept created by Karl Marx in his critique of political economy, where its ultimate source is unpaid surplus labor performed by the worker for the capitalist, serving as a basis for capital accumulation.The German equivalent word Mehrwert… …   Wikipedia

  • Labor theory of value — The labor theories of value (LTV) are theories in economics according to which the values of commodities are related to the labor needed to produce them.There are many different accounts of labor value, with the common element that the value of… …   Wikipedia

  • Use value — In Marx s critique of political economy, any labor product has a value and a use value, and if it is traded as a commodity in markets, it additionally has an exchange value, most often expressed as a money price. Marx acknowledges that… …   Wikipedia

  • Exchange value — In political economy and especially Marxian economics, exchange value refers to one of four major attributes of a commodity, i.e., an item or service produced for, and sold on, the market. The other three aspects are use value, value and price.… …   Wikipedia

  • Criticisms of the labour theory of value — often arise from an economic criticism of Marxism. Contents 1 Microeconomic theory 2 Supply and demand 3 Jevons 4 Menger s critique …   Wikipedia

  • Cost-of-production theory of value — In economics, the cost of production theory of value is the theory that the price of an object or condition is determined by the sum of the cost of the resources that went into making it. The cost can compose any of the factors of production… …   Wikipedia

  • Mexican association of Producers of Phonograms and Videograms — Asociación Mexicana de Productores de Fonogramas y Videogramas, A.C. (English: Mexican Association of Producers of Phonograms and Videograms, A.C.) is a trade association of phonographic companies that represent more of the 70 percent of the… …   Wikipedia

  • List of steel producers — This article summarizes the world steel production by company. For the country oriented account, see Steel production by country. Top 40 producers by International Iron Steel InstituteThis is a list of the largest steel producing companies in the …   Wikipedia

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