According to VASCONCELLOS (2014), the Theory of Value is divided into two strands that may or may not complement each other when deciding prices. W...
According to VASCONCELLOS (2014), the Theory of Value is divided into two strands that may or may not complement each other when deciding prices. What are these two strands?
I - The Theory of Labor Value is associated with classical economists such as Thomas Malthus, Adam Smith, David Ricardo, and Marx, who argue that the value of a good or service is determined by the labor required to produce it.
II - The Theory of Utility Value is associated with marginalist economists Carl Menger and Alfred Marshall, who argue that the value of a good or service is determined by the utility it offers to consumers.
a) Only statement I is correct.
b) Only statement II is correct.
c) Both statements I and II are correct.
d) Neither statement I nor statement II is correct.
I - The Theory of Labor Value is associated with classical economists such as Thomas Malthus, Adam Smith, David Ricardo, and Marx, who argue that the value of a good or service is determined by the labor required to produce it.
II - The Theory of Utility Value is associated with marginalist economists Carl Menger and Alfred Marshall, who argue that the value of a good or service is determined by the utility it offers to consumers.
a) Only statement I is correct.
b) Only statement II is correct.
c) Both statements I and II are correct.
d) Neither statement I nor statement II is correct.
💡 1 Resposta
Ed 
A resposta correta é a alternativa "c) Ambas as afirmações I e II estão corretas". A teoria do valor é dividida em duas vertentes: a teoria do valor-trabalho, que é associada aos economistas clássicos, e a teoria do valor-utilidade, que é associada aos economistas marginalistas. A primeira afirmação está correta ao mencionar a teoria do valor-trabalho, enquanto a segunda afirmação está correta ao mencionar a teoria do valor-utilidade.
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