Q #1: Production is the process of making or birthing something from raw materials centers cars, toiletries, etc. Labor is the physical and mental work or effort utilized to produce goods.<\/p>\n\n\n\n
Q #2: value is the worth of an object or service accumulates. An item has the ability to grow more valuable by their prominence to their owner.<\/p>\n\n\n\n
Q #3: The value of something is determined by how much time and effort is designated Into the labor. However much labor put into the production of anything increases its value.<\/p>\n\n\n\n
Q#4: Labor is the method of how people produce goods and services. Labor power is how employees sell themselves to their employers to be a useful tool and asset.<\/p>\n\n\n\n
Q #5: Surplus value is what is leftover between a products price and what it cost in order to manufacture the product.<\/p>\n","protected":false},"excerpt":{"rendered":"
Q #1: Production is the process of making or birthing something from raw materials centers cars, toiletries, etc. Labor is the physical and mental work or effort utilized to produce goods. Q #2: value is the worth of an object or service accumulates. An item has the ability to grow more valuable by their prominence…<\/p>\n","protected":false},"author":3858,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"portfolio_post_id":0,"portfolio_citation":"","portfolio_annotation":"","openlab_post_visibility":"","footnotes":""},"categories":[16,1],"tags":[],"class_list":["post-3517","post","type-post","status-publish","format-standard","hentry","category-discussion-board-5-1","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/posts\/3517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/users\/3858"}],"replies":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/comments?post=3517"}],"version-history":[{"count":1,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/posts\/3517\/revisions"}],"predecessor-version":[{"id":3521,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/posts\/3517\/revisions\/3521"}],"wp:attachment":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/media?parent=3517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/categories?post=3517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/tags?post=3517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}