| This question <16|5> overall <35|37> Shogunn: <39|39>. |
| Exam Question 6: What is a commodity? Marx does not give the definition of a commodity but an analysis. How would you define the thing he analyses? (The answer can be given in one sentence.) |
| [36] Shogunn: Definition of a commodity. A commodity is a thing that satisfies human wants. It can be anything that is produced for sale or exchange. A commodity has value. It has both exchange value, which is a manifestation of the amount of labor put in, and it has a use value which is independent of its exchange value. |
| Hans: A complete and concise definition. |
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