Economy, asked by pruthadekate651, 7 months ago

VLUE IN USE AND VLUE IN EXCHANGE ARE THE SAME? AGREE OR DISAGREE ? STATE THE REASONS

Answers

Answered by raghuramansbi
9

Answer:

am disagree with this statement that value in use and value in exchange are the same thing. ... But according to the Adam smith (father of economics), value is defined in two terms: (1) Value-in-use :- There is some value derived from the consumption of a commodity and commodity have some satisfying power

Answered by rohit7564
0

Answer:

I am not agree with the statement because values are different in both

Explanation:

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