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economics, the cost-of-production theory of value is the theory that the price of an object or condition is determined by the sum of the cost of the resources...

labor theory of value (LTV) is a theory of value that argues that the exchange value of a good or service is determined by the total amount of "socially...

profit or return on production capital invested, i.e. the amount of the increase in the value of capital. Hence, Marx's use of Mehrwert has always been...

curve for specific units of sale. It represents a market equilibrium view of production economics and financial analysis. Value added is distinguished from...

called "prices of production". It is part of a cost-of-production theory of value and price. Ricardo, but not Keen, used a "labor theory of price" in which...

service which has value and contributes to the utility of individuals. The area of economics that focuses on production is called production theory, and it...

annual monetary value is approximately equal to the netted sum of six flows of income generated by production: wages and salaries of employees. profit...

The subjective theory of value (STV) is an economic theory for explaining how the value of goods and services are not only set but also how they can fluctuate...

of labor. Labor, not labor power, is the key factor of production for Marx and the basis for earlier economists' labor theory of value. The hiring of...

which are required for production. The total values of capital goods constitute the capital value. The social means of production are capital goods and...

Although use-values serve social needs and therefore exist within the social framework, they do not express the social relations of production. For instance...

on the notion of value-added at the link (read: stage of production) level. The sum total of link-level value-added yields total value. The French Physiocrats'...

of historical materialism within Marxist theory. The Marxist definition of socialism is that of production for use-value (i.e. direct satisfaction of...

in "value stream diagrams" and/or other kinds of diagram that represent business processes that create and use business data. The purpose of value-stream...

magnitude of the production prices for products is determined ultimately by their current replacement costs in average labour time, i.e. by the value of products...

Sentimental Value is a upcoming film directed by Joachim Trier, who co-wrote the screenplay with Eskil Vogt. It stars Renate Reinsve, Inga Ibsdotter Lilleaas...

(uniqueness) of a work of art, and that in the age of mechanical reproduction and the absence of traditional and ritualistic value, the production of art would...

Value investing is an investment paradigm that involves buying securities that appear underpriced by some form of fundamental analysis. Modern value investing...

In marketing, a company’s value proposition is the full mix of benefits or economic value which it promises to deliver to the current and future customers...

of ownership of those materials and products. The existence of a global value chain (i.e. where different stages in the production and consumption of...