The value frontier is often defined as the point where the buyer’s expectations and the producer’s value proposition converge.
Prices of production is a concept in Karl Marx's critique of the political economic system, described as "cost-price + average earnings".
A production fee can be the notion of as a kind of delivery price for merchandise; it refers to the price levels at which newly produced items and services might be sold by way of the manufacturers, to be able to reach a regular, average income charge on the capital invested to provide the products (not similar to the profit on the turnover).
The significance of those fee degrees is, that quite a few other fees are based totally on them, or derived from them: in Marx's idea, they decide the fee shape of capitalist manufacturing.
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