Question

iron ore is economic valu or aesthetic value ?​

Answer 1

The trade in iron ore makes it the second-largest commodity market by value after crude oil. Some 2 billion tonnes of the stuff will be dug up in 2012. The price swings of the past few months say plenty about the world economy, as well as the febrile state of global commodity markets

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Answer 2

Answer:

Economic value

Explanation:

In economics, economic value is a measure of the benefit provided by a good or service to an economic agent. It is generally measured relative to units of currency. In a short manner we can say that anything that has a value and includes money is called as economic value. Since iron ore has value and includes money it is said to be economic value.