478,553 views
41 votes
41 votes
What is the relationship between commodity value and surplus value?

User Madpop
by
2.8k points

1 Answer

24 votes
24 votes

The commodity value is the value reflected by the price of the good or service, and the surplus-value is essentially the profit. In any case, one would most likely wish for additional surplus value that would be greater then the commodity value, in an effort to not only pay for the cost of production, but also to turn a profit in which to expand the business with.

User Matthew Baker
by
2.8k points