Geography, asked by sidra056, 11 months ago

what is meant by value addition to any substance​

Answers

Answered by mahajancharvi999
13

Answer:

Understanding Value Added

Value added is the difference between the price of product or service and the cost of producing it. The price is determined by what customers are willing to pay based on their perceived value. Value is added or created in different ways.

Answered by chhanda82
3

Answer:

Value added is the difference between the price of product or service and the cost of producing it. The price is determined by what customers are willing to pay based on their perceived value. Value is added or created in different ways.

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