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What did Marx call me differences between what the workers produce and what they earn?

Marx referred to the difference between what workers produce and what they are paid as "surplus value." This surplus value is captured by the capitalist as profit, leading to exploitation of the workers according to Marx's theory of surplus labor.


The difference between what the workers produce and what they earn is surplus value?

Surplus value is the difference between the value that workers produce and what they are paid in wages.


What is surplus value according to Karl Marx?

Surplus value, as defined by Karl Marx, is the difference between the value that workers produce through their labor and the value they are paid in wages. Marx argued that this surplus value is appropriated by capitalists as profit, contributing to the exploitation of the working class under capitalism.


What four methods can be used to increase a non-profit organization's surplus?

Are absolute surplu value,relative surplus vslue capitalist production and exchange value methods to increase an organization's surplus


At a given price a surplus occurs when?

At a price that is too high a surplus will occur. This is because people value their money more than they value the marketed good.


What is surplus on revaluation of asset?

Surplus on revaluation of assets means that on the even of revaluation, more assets has appreciate in their value then depreciate.


What is shareholder's surplus?

Capital surplus is a term that frequently appears as a balance sheet item as a component of shareholders' equity. Capital surplus is used to account for that amount which a firm raises in excess of the par value (nominal value) of the shares (common stock).


How can one calculate consumer surplus without the use of a graph?

To calculate consumer surplus without a graph, you can use the formula: Consumer Surplus Total Value - Total Expenditure. Total Value is the maximum price a consumer is willing to pay for a good or service, and Total Expenditure is the actual price paid. Subtracting Total Expenditure from Total Value gives you the consumer surplus.


What did Marx call the difference between what the workers produce and what they earn?

Surplus value.


Assyrians placed a high value on what?

From what I learned in social studies, grain was their source of surplus making it of high value for trade.l


How do you find the value of a problem?

A problem, in itself, has no value.


The value of a country's currency is likely to decline as a result of?

Higher Inflation.