Geography, asked by ramkapur245, 1 year ago

What is economic value of resource

Answers

Answered by Garima1111
2
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, and the interpretation is therefore "what is the maximum amount of money a specific actor is willing and able to pay for the good or service"?
Answered by vijayavignesh099
0

Answer:

economic ofbany country depends upon the amount of natural resources present in that country, the greater nature resource the greater economic development.

Explanation:

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