Economy, asked by kshirsagarvaishali53, 7 months ago

explain the meaning of price and value

Answers

Answered by Anonymous

3

Explanation:

Price is what you pay for goods or services you acquire; Cost is the amount of inputs incurred in producing a product and Value is what goods or services pay you i.e. worth. ... Price and costs are the same for all the customers. Value varies from customer to customer.

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