Question

Workers picking strawberries can pick 100 baskets an hour, but the value of 20 baskets is all it costs the employer to pay them their hourly wages. According to Karl Marx, the income the employer collects from the extra baskets is:__________
a. cultural capital.
b. surplus value.
c. endogamy.
d. wealth.

Answer 1

Answer:

Surplus value.

Explanation:

Surplus value can be defined as the value of a work done which exceeds the cost of labour. It also refers to extra value or work out in by the worker. Capitalist take advantage of this extra value to classify it as profit when the products are sold.

The amount of money that capitalist pay their workers is less than the value in which the workers have added to the goods produced, thereby leading to exploitation of the workers.