Melendez-Plumed, Vicenc (2012): Annex to “Connecting labour values and relative prices”. New explanatory graphic.
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An explanatory graphic where values and relative prices, expressed in wage units, are represented at different rates of profit - in prices - is attached to the document "Connecting labour values and relative prices" (18017). It is shown that there is a specific rate calculated without reference to price data that allows the equalization of total plus value and total profits. Simultaneously, adding this quantity to the total labour values of a system makes it equal to the total sum of relative prices expressed in wage units.
|Item Type:||MPRA Paper|
|Commentary on:||Melendez-Plumed, Vicenc (2009): Connecting labour values and relative prices.|
|Original Title:||Annex to “Connecting labour values and relative prices”. New explanatory graphic|
|Keywords:||Labour values; relative prices; rate of profit; total plus value; total profits|
|Subjects:||B - History of Economic Thought, Methodology, and Heterodox Approaches > B5 - Current Heterodox Approaches > B51 - Socialist ; Marxian ; Sraffian|
|Depositing User:||Vicenc Melendez-Plumed|
|Date Deposited:||01. Sep 2012 16:52|
|Last Modified:||16. Feb 2013 02:09|
Melendez-Plumed, Vicenc. Connecting labour values and relative prices. http;//mpra.ub.uni-muenchen.de/18017/
Connecting labour values and relative prices. (deposited 20. Oct 2009 19:31)
- Melendez-Plumed, Vicenc Annex to “Connecting labour values and relative prices”. New explanatory graphic. (deposited 01. Sep 2012 16:52) [Currently Displayed]