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Utility ATV V1 Icon
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Realise that Menger has solved a problem of distribution of utility of the final
Product between the several shared blessings of the maximum order -
I.e. a problem it as it later named Vizer value of the final blessings "is made" by the used
To production assets. - it. It., "Vmenenie" (Zurechnung)
There is a concept explaining value of the blessings of "the maximum order" (i.e. means
Productions) through value of the blessings of "the lowest order" (i.e. consumer
The blessings) in which production they participate. For example, value
Steel-rolling production it is defined (capitalised) (discounted)
Value of the final blessings - we will tell, cars - which can be made from
This steel. Differently - by means of enough developed
Theories of a limit of efficiency. He obviously distinguishes cases of variables or
Constant proportions between two or more factors which can be
Are used in production of any blessing. And its decision of a problem it for
The first case consists that quantities of various factors
/ manufactures / which can replace one another in the course of reception equal
Additional quantity / a desirable / product, have equal value, and in
Case with constant proportions value of various factors is defined them
Utility at alternative use pp. 138 - 142 <162 - 165>, Ibid..
In the first part of the book devoted to an exposition of a subjective theory of value,
Which is easy for comparing with the latest treatments of Vizera, Bitm-Baverka, etc.,
There is only one moment in which the exposition of Mengera gapes incompleteness.
Hardly probable it is possible to consider quite finished and convincing the theory of value,
Which does not offer an obvious explanation of a role of production costs in formation
Relative value of the various goods. At the very beginning of an exposition of Menger
Notices that he sees a problem and will allow it later. But this promise and
It has not been executed. On a share of Vizera development of has dropped out that later became
It is known as a principle of the greatest alternative costs or "the law of Vizera",
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