This question <117|124> overall <117|119> Pete: <72|123>. (graded B weight 30%)

Question 86: Did Marx introduce additional assumptions in order to resolve the paradox of the lazy worker, or does his solution follow from assumptions made or results derived in section 1.1.d?

[118] Pete: We must start somewhere. Setting the standard for time spent to create a product involves paid labour, fixed costs and variable costs in order to arrive at a minimum value of the item. If the labour that is orginally factored into the value is slower it stands to reason that the product will have a value with the slower labour factored in. Now, when faster labour is introduced, the time to make the product goes down and profit increases. If the labourer's pay depends on quantity the slower labour will starve. .

Hans: You are talking about labor costs. This is not the same as the value of the product.

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