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Questions and Answers
What does Aristotle say about a just exchange of qualitatively different things?
What does Aristotle say about a just exchange of qualitatively different things?
- It does not require different value
- It requires that they be of different value
- It requires that they be of equivalent value (correct)
- It does not require equivalent value
According to Marx, what did Aristotle fail to discover about the expression of the value of commodities?
According to Marx, what did Aristotle fail to discover about the expression of the value of commodities?
- The relation of equality (correct)
- The relation of abundance
- The relation of scarcity
- The relation of inequality
What does Aristotle suggest as the unit of measurement for all goods?
What does Aristotle suggest as the unit of measurement for all goods?
- Supply
- Price
- Labor
- Demand (correct)
What does Aristotle believe about the exchange value of goods and services?
What does Aristotle believe about the exchange value of goods and services?
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What does the text suggest about the labor theory of value?
What does the text suggest about the labor theory of value?
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What is necessary for the value set on things to be exchanged to reflect the opinions of potential buyers and sellers?
What is necessary for the value set on things to be exchanged to reflect the opinions of potential buyers and sellers?
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