<P> 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 '' ? </P>
<P> 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 '' ? </P>
what is the term for the monetary value of goods and services
what is the term for the monetary value of goods and services
Economic value
Economic value