Question 0

Adam Smith's Theory of value stated that the value of a commodity depended on________

  • A.The market price in a free market over a long period
  • B.The over-all cost of production of the commodity
  • C.The amount of labour expended on its production
  • D.Its relative scarcity at any given time
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
2019
Question no.
#0
Type
Objective

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