Use Value

Exchange Value

牡丹 2

牡丹 2

$119.20

tote bag with long straps, hand embroidered peony petals on hand dyed cotton with silk thread, cotton lining.

The price of each product, the exchange value, is calculated by the hourly rate that Yuchen earned as a hostess working in a restaurant, multiplied by how many hours she has spent on this product, in addition to the cost of the raw materials.

$13/h x 8.4h + $10 = $119.2

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