Economics, Please can someone help me with this question? I have not asked for

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cross_moon46

New member
help in a long time. Thank you.? Suppose that 3 hours of socially necessary labor time are embodied in the commodities that the typical workers and their families must consume each day. Assume also that the capitalists employ these workers for 12 hours a day.

What is the rate of surplus value?

The rate of profit?
 
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