What is surplus? How does the owner of the means of production calculate his profit?
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What is surplus? How does the owner of the means of production calculate his profit?
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Surplus can refer to different things depending on the context but in economics it often refers to the difference between the total value created or p...View the full answer
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Related Book For 
Economics An Introduction To Traditional And Progressive Views
ISBN: 9780765616685
7th Edition
Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers
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