Melendez-Plumed, Vicenc (2012): Annex to “Connecting labour values and relative prices”. New explanatory graphic.
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Abstract
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 |
| Language: | English |
| 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 |
| Item ID: | 40969 |
| Depositing User: | Vicenc Melendez-Plumed |
| Date Deposited: | 01 Sep 2012 16:52 |
| Last Modified: | 03 Oct 2019 17:25 |
| References: | Melendez-Plumed, Vicenc. Connecting labour values and relative prices. http;//mpra.ub.uni-muenchen.de/18017/ |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/40969 |
Commentary/Response Threads
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Melendez-Plumed, Vicenc
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]
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