Synopsis
This book revisits economics regarding the production and value of goods within society. Rather than viewing value as a result of subjective utility, as some economic theories posit, the author argues that cost is the primary factor that sets the value of a good and that defining a good's cost through subjective value leads to faulty conclusions. The book critiques this alternative theory's approach to cost and utility and challenges the widely held concept that value determines the cost of production. Instead, this book asserts that the cost of production is what truly determines the value of commodities.
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Marginal Utility and Value (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. This book revisits economics regarding the production and value of goods within society. Rather than viewing value as a result of subjective utility, as some economic theories posit, the author argues that cost is the primary factor that sets the value of a good and that defining a good's cost through subjective value leads to faulty conclusions. The book critiques this alternative theory's approach to cost and utility and challenges the widely held concept that value determines the cost of production. Instead, this book asserts that the cost of production is what truly determines the value of commodities. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781332021741_0
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Marginal Utility and Value Classic Reprint
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332021741
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Marginal Utility and Value Classic Reprint
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332021741
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Marginal Utility and Value (Classic Reprint)
Seller: Buchpark, Trebbin, Germany
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Condition: Hervorragend. Zustand: Hervorragend | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar. Seller Inventory # 26043366/1
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