Information about Theory Of Value
Theory of value is an ambiguous term, and may mean:
- Theory of value (economics), where value is meant as economic worth of goods and services.
- Value theory, where value is meant in the philosophical sense.
"Theory of value" is a generic term which encompasses all the theories within economics that explain the exchange value or price of goods and services. Key question in economic theory include why goods and services are priced as they are, how the value of goods and services comes
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