Connecting labour values and relative prices

A rate of profit, expressed in labour magnitudes, that allows matching total plus value with total profits is determined. The relative prices, expressed in wage units, associated with this rate ensure that total profits are equal to the difference between the sum of relative prices and the sum of labour values as well.

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Year of publication:	2009-10
Authors:	Melendez-Plumed, Vicenc
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Labour values \| relative prices \| rate of profit \| plus value

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	B51 - Socialist; Marxian; Sraffian
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008559295