: Tell me. What is the labor value of a whip-socket on the automobile of your choice? Or an air-conditioner to an Eskimo in Alaska? Or whale oil to a Londoner?
Never less than the cost of materials + labor that went into it. Otherwise price tags would yield to informal bartering across the world.
Ever heard of the concept 'selling at a loss'? Market-theory doesn't explain how such a condition could be MEASURED, does it? Yet any capitalist will tell you such a (dreaded) state of affairs does exist!
Think before you post.