| This question <24|155> overall <152|155> MUCHO: <111|156>. |
| Exam Question 35: What is the exchange value of a commodity? (Give its definition, not an analysis where it comes from). |
| [153] MUCHO: RE: Your Submission Returned When I read [24] Darcy's answer, everything she stated actually made sense to me. However, according to Hans's response to [24] Darcy, her answer wasn't on the right track. So I have tried to figure out what went wrong for her. With Hans's help (hint), I kind of find out what the exchange-value of commodity is. |
| Exchange-value of commodity is something that changes its value depending upon the place and time. It doesn't has to be single commodity against another single commodity. It could be a various types of commodities against various types of commodities. One commodity could have many exchange values. |
| According to Marx, the valid exchange-values of a particular commodity express something equal, and exchange-value cannot be anything other than the mode of expression. I may not answering this right. But this is what I have found out. |
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