through any action on values and
- “The value of a commodity depends on its cost of production.”
Under what conditions is this true, and what causes interfere with it?
- Describe the hindrances which impede the free movement of capital to those fields which apparently offer the highest return for its employment.
- Give J. S. Mill's analysis of the “cost of production,” and also Professor Cairnes's, with the arguments for and against each.
- Analyze cost of production. What is its connection with cost of labor?
- Give an analysis of cost of production of any commodity.
- Show carefully the distinction between wages, cost of labor, and cost of production.
- Define