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Because a commodity's value is determined by the
average amount of labor hours that is required in its production, and
labor hours are an average of society, it is required to consider any one
commodity as generic, or representative of all the commodities of its
kind. That is to determine the value based on the average labor in
production we must assume that which is being produced is representative
of a group of products identical to one another. For example to know the
value of a hammer one must assume that we are comparing an average hammer
and its value to some other product and its value. This is a requirement
that ensures apples are compared with apples and not oranges, as with the
hammer its value would reflect the amount of labour used to produce it
and all the hammers that are identical to it, but would not require that
it represent the features of a hammer with different features, though it
may accidently. So when given the value of hammer “A” that all hammers
identical to “A” would have the same value and use value based on the
average of the labor hours used to produce all “A” like hammers, and as
such any on of the “A” like hammers is an “average sample of its kind.” |
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