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ZERO COST EQUATION

Journal: International Scientific Journal "Internauka" (Vol.2, No. 99)

Publication Date:

Authors : ;

Page : 12-18

Keywords : cost; product; price;

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Abstract

In economic science, the role of the initial concept is played by zero value, which is born before the very first exchange. To detect it, tools such as an analytical model of the labor process and an analytical model of the personal consumption process are needed. Thus, the sequence of searching for the basic concept of the economy is as follows: first, we dress the labor process and the process of personal consumption in an analytical form, then, using the obtained models, we derive the equation of zero value.

Last modified: 2021-04-20 18:08:22