Price of production - Revision history

General-KJ at 20:31, 22 November 2024

2024-11-22T20:31:22Z

← Older revision		Revision as of 20:31, 22 November 2024
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	(Note developed economy in this case refers to higher stages of capitalism. Early capitalism has what is called simple commodity production. In this stage instead of being sold around prices of production things are sold around the value of a given commodity.)		(Note developed economy in this case refers to higher stages of capitalism. Early capitalism has what is called simple commodity production. In this stage instead of being sold around prices of production things are sold around the value of a given commodity.)
			[[Category:Marxist terminology]]

Xeta at 20:30, 24 December 2020

2020-12-24T20:30:44Z

← Older revision		Revision as of 20:30, 24 December 2020
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	In Marxist terms the '''price of production''' is where, in developed economies, the actual market price of a given commodity fluctuates from. This is determined by the [[Cost price\|cost price]] plus the average [[Rate of profit\|rate of profit]] multiplied by the [[Cost price\|cost price]]. To put mathematically if [[Cost price\|cost price]] is " C " , the average [[Rate of profit\|rate of profit]] is " P' ", and the '''price of production''' is " X ", then the equation to determine '''price of production''' is as follows:		In Marxist terms the '''price of production''' is where, in developed economies, the actual market price of a given commodity fluctuates from. This is determined by the [[Cost price\|cost price]] plus the average [[Rate of profit\|rate of profit]] multiplied by the [[Cost price\|cost price]]. To put mathematically if [[Cost price\|cost price]] is " C " , the average [[Rate of profit\|rate of profit]] is " P' ", and the '''price of production''' is " X ", then the equation to determine '''price of production''' is as follows:
			<blockquote>
	C+(P' * C) = X		C+(P' * C) = X

	For a more concrete example let's say C = 200 and P' = 50% or .5.		For a more concrete example let's say C = 200 and P' = 50% or .5.

	200+(.5200)=X		200+(.5200)=X<br/>
	.5200=100		.5200=100<br/>
	200+100=X		200+100=X<br/>
	300=X		300=X
			</blockquote>
	The '''price of production''' of this commodity is 300. This means that 300 is where supply and demand will fluctuate from in a developed economy.		The '''price of production''' of this commodity is 300. This means that 300 is where supply and demand will fluctuate from in a developed economy.

	(Note developed economy in this case refers to higher stages of capitalism. Early capitalism has what is called simple commodity production. In this stage instead of being sold around prices of production things are sold around the value of a given commodity.)		(Note developed economy in this case refers to higher stages of capitalism. Early capitalism has what is called simple commodity production. In this stage instead of being sold around prices of production things are sold around the value of a given commodity.)

Xeta at 20:29, 24 December 2020

2020-12-24T20:29:38Z

← Older revision		Revision as of 20:29, 24 December 2020
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	In Marxist terms the price of production is where, in developed economies, the actual market price of a given commodity fluctuates from. This is determined by the [[Cost price\|cost price]] plus the average [[Rate of profit\|rate of profit]] multiplied by the [[Cost price\|cost price]]. To put mathematically if [[Cost price\|cost price]] is " C " , the average [[Rate of profit\|rate of profit]] is " P' ", and the price of production is " X ", then the equation to determine price of production is as follows:		In Marxist terms the '''price of production''' is where, in developed economies, the actual market price of a given commodity fluctuates from. This is determined by the [[Cost price\|cost price]] plus the average [[Rate of profit\|rate of profit]] multiplied by the [[Cost price\|cost price]]. To put mathematically if [[Cost price\|cost price]] is " C " , the average [[Rate of profit\|rate of profit]] is " P' ", and the '''price of production''' is " X ", then the equation to determine '''price of production''' is as follows:

	C+(P' * C) = X		C+(P' * C) = X
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	300=X		300=X

	The price of production of this commodity is 300. This means that 300 is where supply and demand will fluctuate from in a developed economy.		The '''price of production''' of this commodity is 300. This means that 300 is where supply and demand will fluctuate from in a developed economy.

	(Note developed economy in this case refers to higher stages of capitalism. Early capitalism has what is called simple commodity production. In this stage instead of being sold around prices of production things are sold around the value of a given commodity.)		(Note developed economy in this case refers to higher stages of capitalism. Early capitalism has what is called simple commodity production. In this stage instead of being sold around prices of production things are sold around the value of a given commodity.)

Xeta at 19:52, 24 December 2020

2020-12-24T19:52:42Z

← Older revision		Revision as of 19:52, 24 December 2020
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	In Marxist terms the price of production is where, in developed economies, the actual market price of a given commodity fluctuates from. This is determined by the [[~~cost~~ price\|~~Cost~~ price]] plus the average [[~~rate~~ of profit\|~~Rate~~ of profit]] multiplied by the cost price. To put mathematically if cost price is " C " , the average rate of profit is " P' ", and the ~~Price~~ of ~~Production~~ is " X ", then the equation to determine price of production is as follows:		In Marxist terms the price of production is where, in developed economies, the actual market price of a given commodity fluctuates from. This is determined by the [[Cost price\|cost price]] plus the average [[Rate of profit\|rate of profit]] multiplied by the [[Cost price\|cost price]]. To put mathematically if [[Cost price\|cost price]] is " C " , the average [[Rate of profit\|rate of profit]] is " P' ", and the price of production is " X ", then the equation to determine price of production is as follows:

	C+(P' * C) = X		C+(P' * C) = X
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	The price of production of this commodity is 300. This means that 300 is where supply and demand will fluctuate from in a developed economy.		The price of production of this commodity is 300. This means that 300 is where supply and demand will fluctuate from in a developed economy.

	(Note developed economy in this case refers to higher stages of capitalism. Early capitalism has what is called simple commodity production. In this stage instead of being sold around ~~Prices~~ of ~~Production~~ things are sold around the value of a given commodity.)		(Note developed economy in this case refers to higher stages of capitalism. Early capitalism has what is called simple commodity production. In this stage instead of being sold around prices of production things are sold around the value of a given commodity.)

Xeta: Created page with "In Marxist terms the price of production is where, in developed economies, the actual market price of a given commodity fluctuates from. This is determined by the cost price..."

2020-12-24T19:30:11Z

Created page with "In Marxist terms the price of production is where, in developed economies, the actual market price of a given commodity fluctuates from. This is determined by the cost price..."

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In Marxist terms the price of production is where, in developed economies, the actual market price of a given commodity fluctuates from. This is determined by the [[cost price|Cost price]] plus the average [[rate of profit|Rate of profit]] multiplied by the cost price. To put mathematically if cost price is " C " , the average rate of profit is " P' ", and the Price of Production is " X ", then the equation to determine price of production is as follows:

C+(P' * C) = X

For a more concrete example let's say C = 200 and P' = 50% or .5.

200+(.5200)=X
.5200=100
200+100=X
300=X

The price of production of this commodity is 300. This means that 300 is where supply and demand will fluctuate from in a developed economy.

(Note developed economy in this case refers to higher stages of capitalism. Early capitalism has what is called simple commodity production. In this stage instead of being sold around Prices of Production things are sold around the value of a given commodity.)