Surplus Value in Marxian Economics

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What is surplus value in Marxian economics?

The difference between the amount raised through a sale of a product and the amount it cost to manufacture it

Who coined the term 'surplus value'?

William Thompson

What is the German word for surplus value?

Mehrwert

What is the primary basis for further developments of the concept of surplus value?

Marx's formulation

What is disputed regarding Marx's concept of surplus value?

How much of Marx's concept is original and distinct from the Ricardian concept

Who coined the term 'surplus value'?

William Thompson

What is surplus value in Marxian economics?

Difference between sale price and manufacturing cost

What is the German word for surplus value?

Mehrwert

Who developed and popularized the concept of surplus value?

Karl Marx

What is the primary basis for further developments of the concept of surplus value?

Marx's formulation

Test your knowledge of Marxian economics and the concept of surplus value with this quiz. Explore the origins and significance of surplus value in relation to the sale of products and the cost of manufacturing.

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