Use Value

Exchange Value

Badge 11

Badge 11

$82.00

Badge 11

natural dye x found fabric

The price of each Use Value product, the exchange value, is calculated by the average hourly rate of all hitherto hourly rates that Yuchen has earned, multiplied by how many hours she has spent on this product, in addition to the cost of the raw materials.

0.5 h (making) + 0.5 h (admin) = 1 h

$ 82 / h x 1 h = $ 82

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