Do you believe that both (Resources having economic value and resources Don't having economic value) are important? Give reason.
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Explanation:
What Is Economic Value?
Economic value can be described as a measure of the benefit from a good or service to an economic agent. It is typically measured in units of currency. Another interpretation is that economic value represents the maximum amount of money an agent is willing and able to pay for a good or service. The economic value should not be confused with market value, which is the minimum amount a consumer will pay for a good or service. Thus, economic value is often greater than the market value.
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They are important
Just imagine our life without them :)
Just imagine our life without them :)
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