Exchange value

id: exchange-value-323-7408811
title: Exchange value
text: In political economy and especially Marxian economics, exchange value refers to one of the four major attributes of a commodity, i.e., an item or service produced for, and sold on the market, the other three attributes being use value, economic value, and price. Thus, a commodity has the following: a value, represented by the socially necessary labour time to produce it; a use value; an exchange value, which is the proportion at which a commodity can be exchanged for other entities; a price. The
brand slug: wiki
category slug: encyclopedia
description: Proportion of worth at which a commodity can be traded for other commodities
original url: https://en.wikipedia.org/wiki/Exchange_value
date created:
date modified: 2024-03-23T17:49:08Z
main entity: {"identifier":"Q1935127","url":"https://www.wikidata.org/entity/Q1935127"}
image:
fields total: 13
integrity: 14

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