What is the definition of the rate of profit used in this chapter?
A) the profit divided by the cost of necessary labor.
B) the profit divided by surplus labor.
C) the profit divided by the costs per worker.
D) the price minus the cost of labor inputs.
Correct Answer:
Verified
Q26: In early economies, goods were often exchanged
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Q28: Assume that two goods exchange according to
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Q30: The most important factor determining division of
Q31: The term, "relative value," means
A) the price
Q32: The term, "labor power," means
A) a device
Q33: According to progressives, labor power is different
Q34: What is the transformation problem?
A) How can
Q35: What is the rate of exploitation?
A) the
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