What is Cost-of-Production Theory of Value

The cost-of-production theory of value is a theory that is used in economics. This theory states that the price of an item or condition is decided by the total amount of the resources that were taken into consideration during its manufacture. Depending on the circumstances, the cost may include any of the production and taxes variables.

How you will benefit

(I) Insights, and validations about the following topics:

Chapter 1: Cost-of-production theory of value

Chapter 2: David Ricardo

Chapter 3: Labor theory of value

Chapter 4: Supply and demand

Chapter 5: Piero Sraffa

Chapter 6: Comparative advantage

Chapter 7: Price

Chapter 8: Transformation problem

Chapter 9: Marginalism

Chapter 10: Classical economics

Chapter 11: Subjective theory of value

Chapter 12: Exchange value

Chapter 13: Theory of value (economics)

Chapter 14: Law of value

Chapter 15: Prices of production

Chapter 16: Value (economics)

Chapter 17: Ricardian socialism

Chapter 18: Criticisms of the labour theory of value

Chapter 19: Perspectives on capitalism by school of thought

Chapter 20: International trade theory

Chapter 21: Cambridge capital controversy

(II) Answering the public top questions about cost-of-production theory of value.

(III) Real world examples for the usage of cost-of-production theory of value in many fields.

Who this book is for

Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of cost-of-production theory of value.