Ricardo was concerned about deviations of the relative, Business Economics

Ricardo was concerned about deviations of the relative

Ricardo was concerned about deviations of the relative prices of commodities when there was a change in the wage and profit rates. Show how he illustrated these deviations. Then explain why Ricardo was not overly concerned about these deviations, and felt that the labor theory of value was still reasonable.

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Business Economics: Ricardo was concerned about deviations of the relative

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