Trace the development of the labor theory of value from


Trace the development of the labor theory of value from Adam Smith through David Ricardo to Karl Marx. What was the major contribution of each of the three economists to the development of the labor theory of value? What were the principles problems in the labor theory of value which Marx solved at a theoretical level? What additional problems remained, if any, in this theory?

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Business Economics: Trace the development of the labor theory of value from
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