Objective use-value
From Mises Wiki, the global repository of classical-liberal thought
Objective use-value is the importance attached to a thing because of its technological capacity to produce chemically or physically a desired effect. An example would be the "heating value" or "heating power" of coal.[1]
References
- ↑ Percy L. Greaves, Jr. "Mises Made Easier ", 1974. Referenced 2014-08-18.
Links
- Use value at Wikipedia