_________ refers to the creation of those goods
and services which have exchange value.
Answers
Answered by
3
In political economy and especially Marxian economics, exchange value (German: Tauschwert) refers to one of four major attributes of a commodity, i.e., an item or service produced for, and sold on the market. ... a price (it could be an actual selling price or an imputed ideal price).
mark ❤️
Answered by
0
Answer:
Exchange value refers to “the power of purchasing other goods which the possession of [an] object conveys” (Smith [1776] 1960, p. 32); in other words, it expresses the relative price of a good in terms of other goods.
Similar questions