enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Surplus value - Wikipedia

    en.wikipedia.org/wiki/Surplus_value

    In Marxian economics, surplus value is the difference between the amount raised through a sale of a product and the amount it cost to manufacture it: i.e. the amount raised through sale of the product minus the cost of the materials, plant and labour power.

  3. Production (economics) - Wikipedia

    en.wikipedia.org/wiki/Production_(economics)

    The income growth caused by increased production volume is determined by moving along the production function graph. The income growth corresponding to a shift of the production function is generated by the increase in productivity. The change of real income so signifies a move from the point 1 to the point 2 on the production function (above).

  4. Factors of production - Wikipedia

    en.wikipedia.org/wiki/Factors_of_production

    The payment for someone else's labor and all income received from one's own labor is wages. Labor can also be classified as the physical and mental contribution of an employee to the production of the good(s). Capital stock — human-made goods which are used in the production of other goods. These include machinery, tools, and buildings.

  5. Means of production - Wikipedia

    en.wikipedia.org/wiki/Means_of_production

    In political philosophy, the means of production refers to the generally necessary assets and resources that enable a society to engage in production. [1] While the exact resources encompassed in the term may vary, it is widely agreed to include the classical factors of production (land, labour, and capital) as well as the general infrastructure and capital goods necessary to reproduce stable ...

  6. Prices of production - Wikipedia

    en.wikipedia.org/wiki/Prices_of_production

    Yet, the value of the total masses of output-values actually produced by all enterprises affected the market prices that could be obtained by each in distribution; it affected how the market would reward each of the producers, and there was a real, systematic relationship between total value produced and total sales revenue (even although these ...

  7. Labor theory of value - Wikipedia

    en.wikipedia.org/wiki/Labor_theory_of_value

    The labor theory of value (LTV) is a theory of value that argues that the exchange value of a good or service is determined by the total amount of "socially necessary labor" required to produce it. The contrasting system is typically known as the subjective theory of value .

  8. 7 Materials Stocks to Buy for Income - AOL

    www.aol.com/news/7-materials-stocks-buy-income...

    For premium support please call: 800-290-4726 more ways to reach us

  9. Total cost - Wikipedia

    en.wikipedia.org/wiki/Total_cost

    The rental price per unit of capital is denoted r. Thus, the total fixed cost equals Kr. Labor is the variable input, meaning that the amount of labor used varies with the level of output. In the short run, the only way to vary output is by varying the amount of the variable input.