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Analysis of goods in the space of price, quality and quantity

Abstract

The relevance of the research topic of this article is determined by the fact that, on the one hand, the wealth of societies dominated by the capitalist mode of production acts as a huge accumulation of homogeneous goods, the use of which in theory is difficult due to their qualitative heterogeneity, and on the other hand, the need to develop the theory of demand for goods of variable quality, which implies clarification of the term of the economic category “goods of variable quality”, the creation of both a qualitative-quantitative model and a geometric three-dimensional model in the space of price, quality and quantity. K. Marks foresaw the future development of the commodity as follows: “to discover these different sides, and, consequently, the diverse ways of using things, is a matter of historical development. The same should be said about finding social measures for the quantitative side of useful things”. And the search for such measures for the quality side of the goods was postponed for an indefinite long period, which was also facilitated by the adoption of the postulate “on the qualitative homogeneity of goods" in neoclassical economics.

The following definition of the term “commodity” is proposed. Goods are goods and services of variable quality and quantity produced for public consumption and exchange.

In accordance with the definition of a product, the most complete and initial model of the product is formulated, the definition is the unity of quality and quantity.

A three-dimensional commodity space is proposed, formed by the planes: price – quality, price – quantity and quality – quantity.

About the Author

G. N. Ismagilova
Kazan (Volga region) Federal University
Russian Federation

PhD in Economics, Associate Professor



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Ismagilova G.N. Analysis of goods in the space of price, quality and quantity. Kazan economic vestnik. 2021;(5):12-19. (In Russ.)

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