This question <16|21> overall <17|19> Hans: <17|20>.  
  Exam Question 45: How can one come to the conclusion that exchange-value is not something inherent in the commodity?   
  [18] Hans: You need to distinguish use-value and exchange-value!   Just a brief notice about Stonewall's [16]: His first two sentence are right, but when he elaborates, he confuses use-value and exchange-value and answers the question why use-value is not something inherent in the commodity. It is important to keep the distinction between use-value and exchange-value straight. Otherwise you won't be able to think clearly about commodities.   
  Here are once more Stonewall's first two sentences, which by themselves already give an adequate answer to the question asked:   
  As Marx indicates, commodities are exchanged at wildly different proportions at different times and places. Now if the exchange value was inherent in the commodity you would get the same exchange rate for the item in question throughout the world.   
 
 
 
  Students enrolled for Econ 5080 in 2009fa are invited to give feedback to the above message
Pseudonym:      UofU ID:  
Text: