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  3. Study Set
    Economics An Introduction
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    Exam 20: Prices, Profits, and Exploitation
  5. Question
    Explain How the Relative Value of Products Is Determined by the Amount
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Explain How the Relative Value of Products Is Determined by the Amount

Question 19

Question 19

Essay

Explain how the relative value of products is determined by the amount of labor in a simple economy.
-How does the use of term "surplus" in this chapter differ from its use in chapter 2?

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