Which of the following conditions differentiate Marx's analysis of surplus value the the neoclassical theory? Group of answer choices A. All of these B. Commodities carry a certain part of the labor time in Marxian theory whereas value comes from psychological preferences of consumers in neoclassical theory. C. Profit rate is not a central variable of focus in neoclassical theory. D. Surplus value in Marxian theory is based on accumulated rents, while neoclassical theory does not use rents as a measure of surplus value.

Which of the following conditions differentiate Marx's analysis of surplus value the the neoclassical theory? Group of answer choices A. All of these B. Commodities carry a certain part of the labor time in Marxian theory whereas value comes from psychological preferences of consumers in neoclassical theory. C. Profit rate is not a central variable of focus in neoclassical theory. D. Surplus value in Marxian theory is based on accumulated rents, while neoclassical theory does not use rents as a measure of surplus value.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter15: Macroeconomic Viewpoints: New Keynesian, Monetarist, And New Classical

Section: Chapter Questions

Problem 7E

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