What is the key distinction between Smith’s “embodied labor” and “commanded labor” concepts of value?单项选择题

A

Embodied labor refers to the managerial oversight required in production, while commanded labor reflects the technical efficiency of machinery.

B

Embodied labor is relevant only in barter economies, while commanded labor emerges once money becomes a medium of exchange.

C

Embodied labor reflects the subjective effort experienced by the producer, while commanded labor captures the buyer’s perceived effort to obtain goods.

D

Embodied labor refers to the labor content used to produce a commodity, while commanded labor refers to how much labor that commodity can purchase in exchange.

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