Use value (German: Gebrauchswert) or value in use is a concept in classical political economy and Marxist economics. It refers to the tangible features...
26 KB (3,743 words) - 19:40, 19 March 2024
of 'value-in-use', which would allow for either a higher value than market value or a lower value than market value: Value in Use The present value of...
2 KB (234 words) - 10:54, 4 January 2021
Non-use value is the value that people assign to economic goods (including public goods) even if they never have and never will use it. It is distinguished...
4 KB (543 words) - 17:35, 4 February 2024
Market value or OMV (Open Market Valuation) is the price at which an asset would trade in a competitive auction setting. Market value is often used interchangeably...
13 KB (1,868 words) - 21:40, 16 October 2024
valuable, value, value types, valued, or values in Wiktionary, the free dictionary. Wikiquote has quotations related to Value. Value or values may refer...
2 KB (332 words) - 03:22, 27 March 2024
be called "value in use;" the other, "value in exchange." The things which have the greatest value in use have frequently little or no value in exchange;...
71 KB (9,593 words) - 01:32, 7 October 2024
whether financial or other resources are being used effectively in order to secure such benefit. Economic value is generally measured through units of currency...
23 KB (3,010 words) - 01:55, 7 October 2024
the other three attributes being use value, economic value, and price. Thus, a commodity has the following: a value, represented by the socially necessary...
17 KB (2,493 words) - 17:49, 23 March 2024
the German word "Mehrwert", which simply means value added (sales revenue minus the cost of materials used up), and is cognate to English "more worth"....
45 KB (6,433 words) - 12:19, 18 July 2024
bearers of value". A mother becomes a use value; a virgin becomes an exchange value; and a prostitute becomes both a use-value and exchange value. The issues...
236 KB (34,697 words) - 09:10, 14 October 2024