Workers picking strawberries can pick 100 baskets an hour,but it costs the employer only a value of 20 baskets to pay them their hourly wages.The income the employer collects from the extra baskets is __________,according to Karl Marx.
A) extra wages
B) surplus value
C) wage theft
D) surplus income

Question

Quizplus · Accepted Answer

According to Karl Marx's theory of surplus value, the difference between the value of labor that workers provide and the wage paid to them is the surplus value, which is essentially the profit that the employer makes. In this scenario, the value of 100 baskets of strawberries picked by the workers is greater than the wage paid for an hour of work, which means the employer is making a profit through surplus value.

Workers Picking Strawberries Can Pick 100 Baskets an Hour,but It