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Surplus Value in Marxian Economics

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Questions and Answers

What is surplus value in Marxian economics?

The total revenue from the sale of a product

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

The profit made from selling a product

The cost of materials used in manufacturing a product

Who coined the term 'surplus value'?

William Thompson (correct)

David Ricardo

Adam Smith

Karl Marx

What is the German word for surplus value?

Mehrwertlich

Mehrverdienen

Mehrwertig

Mehrwert (correct)

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

Marx's formulation Signup and view all the answers

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

How much of Marx's concept is original and distinct from the Ricardian concept Signup and view all the answers

Who coined the term 'surplus value'?

William Thompson Signup and view all the answers

What is surplus value in Marxian economics?

Difference between sale price and manufacturing cost Signup and view all the answers

What is the German word for surplus value?

Mehrwert Signup and view all the answers

Who developed and popularized the concept of surplus value?

Karl Marx Signup and view all the answers

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

Marx's formulation Signup and view all the answers

Surplus Value in Marxian Economics

Choose a study mode

Podcast

Questions and Answers

What is surplus value in Marxian economics?

Who coined the term 'surplus value'?

What is the German word for surplus value?

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

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

Who coined the term 'surplus value'?

What is surplus value in Marxian economics?

What is the German word for surplus value?

Who developed and popularized the concept of surplus value?

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

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