> What if no one wants that 1 hour of labor?
Doesn't have to be hours, the hour was just to represent that it is a human working and not a finite resource. Different human work can be valued differently.
Doesn't have to be hours, the hour was just to represent that it is a human working and not a finite resource. Different human work can be valued differently.
What if no one wants that 1 hour of labor? What if more people want 1 hour of a certain type of labor that exceeds the supply of that certain type of labor?