is the money value of a commodity expressed in terms of another
commodity
(Value in Use/Value in Exchange)
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Explanation:
When value is expressed in terms of money, it is called price. Thus, price can be defined as exchange value of a commodity expressed in terms of money.
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Explanation:
Explanation: When value is expressed in terms of money, it is called price. Thus, price can be defined as exchange value of a commodity expressed in terms of money.
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