economic value (Meaning)
economic value (n)
the amount (of money or goods or services) that is considered to be a fair equivalent for something else
Synonyms & Antonyms of economic value
No Synonyms and anytonyms found
economic value Sentence Examples
- The economic value of a product is determined by the market, which takes into account factors such as supply and demand, competition, and consumer preferences.
- The economic value of a natural resource is determined by its usefulness and scarcity, as well as the cost of extracting and processing it.
- The economic value of a piece of land is determined by its location, size, and potential for development, as well as the current market conditions.
- The economic value of a human being is determined by their skills, knowledge, and experience, as well as their productivity and earning potential.
- The economic value of a currency is determined by its purchasing power, which is the amount of goods and services that can be bought with it.
- The economic value of a stock is determined by the company's financial performance, as well as the expectations of investors about its future prospects.
- The economic value of a bond is determined by its face value, interest rate, and maturity date, as well as the creditworthiness of the issuer.
- The economic value of a commodity is determined by its supply and demand, as well as the cost of production and transportation.
- The economic value of a service is determined by the utility that it provides to consumers, as well as the cost of providing it.
- The economic value of an investment is determined by the expected return on that investment, as well as the risk associated with it.
FAQs About the word economic value
the amount (of money or goods or services) that is considered to be a fair equivalent for something else
No synonyms found.
No antonyms found.
The economic value of a product is determined by the market, which takes into account factors such as supply and demand, competition, and consumer preferences.
The economic value of a natural resource is determined by its usefulness and scarcity, as well as the cost of extracting and processing it.
The economic value of a piece of land is determined by its location, size, and potential for development, as well as the current market conditions.
The economic value of a human being is determined by their skills, knowledge, and experience, as well as their productivity and earning potential.
