Value (economics)
id:
value-economics-179-8656502
title:
Value (economics)
text:
In economics, economic value is a measure of the benefit provided by a good or service to an economic agent, and value for money represents an assessment of whether financial or other resources are being used effectively in order to secure such benefit. Economic value is generally measured through units of currency, and the interpretation is therefore "what is the maximum amount of money a person is willing and able to pay for a good or service?” Value for money is often expressed in comparative
brand slug:
wiki
category slug:
encyclopedia
description:
The measure of benefit provided by a good or service in an economy
original url:
https://en.wikipedia.org/wiki/Value_(economics)
date created:
2006-02-16T18:10:49Z
date modified:
2024-09-05T04:59:45Z
main entity:
{"identifier":"Q868257","url":"https://www.wikidata.org/entity/Q868257"}
image:
fields total:
13
integrity:
15