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Surplus value is value created by the unpaid labor of wage workers, over and above the value of their LP (necessary labor time), and appropriated without compensation by the capitalist. What is Karl Marx’s surplus value? surplus value, Marxian economic concept that professed to explain the instability of the capitalistRead More →

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Shopping Military Surplus: Bargains & Busts Camouflage clothing. … Carhartts and oddities. … Tactical pants. … Gun Cases and bandoleers. … Paracord. … Backpacks. … Hardware. … Ammo Cans. What is a surplus weapon? Surplus firearms means any firearm previously purchased or converted to official use in accordance with RCWRead More →

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A trade surplus is an economic indicator of a positive trade balance in which the exports of a nation outweigh its imports. … If the value of the trade balance is positive, the trade surplus exists. A trade surplus reflects a net foreign-market inflow of domestic currency. What is anRead More →

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Consumer surplus is defined as the difference between the total amount that consumers are willing and able to pay for a good or service (indicated by the demand curve) and the total amount that they actually do pay (i.e. the market price). What is the value of consumer surplus? “ConsumerRead More →