Value being supposed to be in the material product, and not in
the service, has led to Smith’s error as to unproductive labour,
172.
When value passes from service to product, it undergoes, in
product, all the risks and chances to which the service itself
is subject, 176.
Prevailing tendency of value incorporated with a commodity is to
fall, 178.
Value is the measure of the utility of services rendered to the
individual, not of those rendered to the masses, 325, 326.