How can you say that resources have value
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The economic value of a good or service is determined by the preferences of a given population and the trade-offs agents make given their resources. ... Economic value is also directly correlated to the value that any given market places on an item.
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Value means Worth of Resource . Some resource can be economically valuable with time and Some do not . For example metal have an economic value but a beautiful landscape may not . The things that are exclusive right over any idea or invention said to be a valuable resource .
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