which of these have economic value
(a) landscape
(b) home remedies
(c) metals
(d) none of these
Answers
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ᴀ) ʟᴀɴᴅsᴄᴀᴘᴇ
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Metals have economic value
Explanation:
Metals have economic value because all metals have a price and metals can be used as raw materials in various industries. Home remedies are a kind of first aid and have no commercial values .
Economic value is the value a person attaches to an asset based on the benefits from which it derives . Often decisions are made on the bases of willingness to pay for goods usually measured in currency. There are nine general economic values that purchases . Efficiency, speed, reliability, flexibility, condition, mood and price, ease of use and aesthetics. Economic values is useful in making economic decisions.
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