Chapter II

. Ultimate Analysis Of Cost Of Production.

§ 1. Of Labor, the principal Element in Cost of Production. § 2. Wages affect Values, only if different in different employments; “non-competing groups.” § 3. Profits an element in Cost of Production. § 4. Cost of Production properly represented by sacrifice, or cost, to the Laborer as well as to the Capitalist; the relation of this conception to the Cost of Labor. § 5. When profits vary from Employment to Employment, or are spread over unequal lengths of Time, they affect Values accordingly. § 6. Occasional Elements in Cost of Production; taxes and ground-rent.

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