Use Value

Exchange Value

Badge 20

Badge 20

$82.00

Badge 20

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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