ECONOMICS|economic analysis|economic analysis|economic value · FINANCE|prices
- comaoin Tagairt Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- luach malairte Tagairt Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- value in exchange
- en
- Sainmhíniú quantitative relationship which expresses the worth of one commodity in terms of another commodity Tagairt "A Concise Oxford Dictionary of Politics and International Relations (4 ed.) (15.10.2020). Garrett W Brown, Iain McLean, and Alistair McMillan. Oxford University Press. Current Online Version: 2018"
- Nóta For instance, if one pair of shoes can be exchanged for two chairs then the exchange value of a pair of shoes is two chairs and the exchange value of two chairs is a pair of shoes. When these exchange ratios are expressed in a money form (2 chairs = £40) then exchange value is the price of a particular commodity.