economic value - Meaning in Kannada
economic value - Meaning in Kannada
noun
- +1
Definitions and Meaning of economic value in English
economic value noun
- the amount (of money or goods or services) that is considered to be a fair equivalent for something else
Synonyms
value
Example
- "he tried to estimate the value of the produce at normal prices"
Synonyms of economic value
Description
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 terms, such as "better", or "best value for money", but may also be expressed in absolute terms, such as where a deal does, or does not, offer value for money.
Also see "Value (economics)" on WikipediaAlso See
What is another word for economic ?
Sentences with the word economic
Words that rhyme with economic
What is economic value meaning in Kannada?
The word or phrase economic value refers to the amount (of money or goods or services) that is considered to be a fair equivalent for something else. See economic value meaning in Kannada, economic value definition, translation and meaning of economic value in Kannada. Find economic value similar words, economic value synonyms. Learn and practice the pronunciation of economic value. Find the answer of what is the meaning of economic value in Kannada.
Other languages: economic value meaning in Hindi
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What is economic value meaning in Kannada, economic value translation in Kannada, economic value definition, pronunciations and examples of economic value in Kannada.
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