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Values , Values
The term “values” may refer to interests, pleasures, likes, preferences, duties, moral obligations, desires, wants, needs, aversions and attra… BOOK VALUE , BOOK VALUE
The current value of an asset. The book value of an asset at any time is its cost minus its accumulated depreciation. (Depreciation reflec… Surplus Value , For Karl Marx, surplus value is critical to the expansion of capital. In the money circuit M – C – M ’, capitalists purchase commodities (C ) with mo… Intrinsic Value , A thing's intrinsic value is the value it has in itself as opposed to the instrumental value it derives from causally producing something else. Such… Exchange Value , Exchange value refers to “the power of purchasing other goods which the possession of [an] object conveys” (Smith [1776] 1960, p. 32); in other words… Absolute Value , Absolute value is an operation in mathematics, written as bars on either side of the expression. For example, the absolute value of −1 is written as…
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