what is economically vvalue
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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.
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Economic value can be described as the measure of the benefit from a good or service to an economic agent. 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.
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