Economics · Marxian Economics
According to Marxian economic analysis, surplus value depends upon:
- 1The rate of profit on the total capital invested
- 2The volume of constant capital deployed in production
- 3The total wages paid to workers in the capitalist sector
- 4The difference between the value of output produced by labour and the exchange value of labour power✓
Correct answer
The difference between the value of output produced by labour and the exchange value of labour power
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