| This question <12|21> overall <16|18> TOAD: <10|44>. |
| 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 analyzes? (The answer can be given in one sentence.) |
| [17] TOAD: Commodity Revised A commodity is any external object with qualities to satisify a human need that is produced for money or exchanged for a product that is “mutually replaceable or of identical magnitude”. |
| Hans: A correction like this will not give you a grade. I am still wondering what you mean by |
| exchanged for a product that is “mutually replaceable or of identical magnitude”. |
| The products which are exchanged for each other do not have to have any relationship with each other as use values, the use values need by no means be mutually replaceable, and they also are usually not of identical magnitude. |
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