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Inhaltsangabe
Excerpt from The Service Theory of Value
Two products will be regarded as having equivalent value when the price-resistance attendant upon the pro duction of each is equivalent, absolutely regardless of their respective utility. So, too, will they be regarded as having equivalent value when in the acquisition of each through exchange, the same price-resistance must be surmounted or the same compensatory service ren dered.
While it is undoubtedly true that the individual regards two products as having the same value when the cost-discomfort to him attendant upon the produc tion of each is the same in degree, yet, owing to theunequal opportunities and instrumentalities of men, to gether with their different degrees of physical power and productive intelligence, the cost-discomfort attendant upon surmounting the same price-resistance will vary, and is therefore a less equitable basis of exchange than price-resistance.
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The Service Theory of Value (Classic Reprint)
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Paperback. Zustand: New. Print on Demand. This book delves into the intricate nature of human value, exploring the concept through the lens of economics, uncovering a novel perspective that challenges conventional understanding. The author argues that value is not an inherent property of goods but rather a product of services rendered. Through meticulous analysis and lucid prose, the book guides readers through the concepts of price, cost, and utility, shedding new light on the role that services play in the exchange of goods and the satisfaction of human needs. The author's groundbreaking "Service Theory of Value" will compel readers to rethink their understanding of economics and the very essence of human value. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781332194803_0
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The Service Theory of Value Classic Reprint
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781332194803
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The Service Theory of Value Classic Reprint
Anbieter: PBShop.store UK, Fairford, GLOS, Vereinigtes Königreich
Verkäuferbewertung 5 von 5 Sternen
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781332194803
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