Political Science · Marxist Theory - Surplus Value
Read the following statements regarding Marx's theory of surplus value and choose the correct code: A. The term 'surplus value' denotes the difference between the value produced by labor and labor power cost. B. It is the primary source of capitalist profit and capital accumulation. C. Surplus value is generated only when the working day extends beyond necessary labor time. D. The longer the working day beyond necessary time, the more surplus value extracted.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A and B only
- 2A, B and D only✓
- 3A, B and C only
- 4A, B, C and D
Correct answer
A, B and D only
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