Prices of production Wikipedia
Prices of production (or quot;production pricesquot;; in German Produktionspreise) is a concept in Karl Marx''s critique of political economy, defined as quot;costprice + average profitquot;. A production price can be thought of as a type of supply price for products; it refers to the price levels at which newly produced goods and services would have to be sold by the producers, in order to reach a normal