Aristotle's Theory of Just Exchange vs

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What does Aristotle say about a just exchange of qualitatively different things?

It requires that they be of equivalent value

According to Marx, what did Aristotle fail to discover about the expression of the value of commodities?

The relation of equality

What does Aristotle suggest as the unit of measurement for all goods?

Demand

What does Aristotle believe about the exchange value of goods and services?

It is determined by the free play of opinions in a competitive market

What does the text suggest about the labor theory of value?

It is false

What is necessary for the value set on things to be exchanged to reflect the opinions of potential buyers and sellers?

Free and workable competition

"Quiz: Aristotle's Theory of Just Exchange and Marx's Interpretation" - Explore Aristotle's concept of just exchange and Marx's interpretation of it in this quiz. Test your understanding of the value of commodities, the relation of equality, and more.

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