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Annex to “Connecting labour values and relative prices”. New explanatory graphic

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  • Melendez-Plumed, Vicenc

Abstract

An explanatory graphic where values and relative prices, expressed in wage units, are represented at different rates of profit - in prices - is attached to the document "Connecting labour values and relative prices" (18017). It is shown that there is a specific rate calculated without reference to price data that allows the equalization of total plus value and total profits. Simultaneously, adding this quantity to the total labour values of a system makes it equal to the total sum of relative prices expressed in wage units.

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File URL: http://mpra.ub.uni-muenchen.de/40969/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 40969.

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Date of creation: Aug 2012
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Handle: RePEc:pra:mprapa:40969

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Keywords: Labour values; relative prices; rate of profit; total plus value; total profits;

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