What is Prices of Production
Karl Marx's critique of political economy includes a term known as “prices of production,” which can be defined as “cost-price plus average profit.” A production price is a form of supply price for products; it refers to the price levels at which freshly produced goods and services would have to be sold by the producers in order to obtain a typical, average profit rate on the capital spent to make the items. A production price may be thought of as a type of supply price for products.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Prices of production
Chapter 2: Labor theory of value
Chapter 3: Transformation problem
Chapter 4: Organic composition of capital
Chapter 5: Use value
Chapter 6: Exchange value
Chapter 7: Labour power
Chapter 8: Reproduction (economics)
Chapter 9: Valorisation
Chapter 10: Surplus labour
Chapter 11: Value product
Chapter 12: Law of value
Chapter 13: Productive and unproductive labour
Chapter 14: Tendency of the rate of profit to fall
Chapter 15: Okishio's theorem
Chapter 16: Commodity (Marxism)
Chapter 17: Capitalist mode of production (Marxist theory)
Chapter 18: Socially necessary labour time
Chapter 19: Surplus value
Chapter 20: Das Kapital
Chapter 21: Marxian economics
(II) Answering the public top questions about prices of production.
(III) Real world examples for the usage of prices of production in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Prices of Production.
