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economic value - Meaning in Telugu

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economic value - Meaning in Telugu

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Definitions and Meaning of economic value in English

economic value noun

  1. 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"

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 Wikipedia

What is economic value meaning in Telugu?

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 Telugu, economic value definition, translation and meaning of economic value in Telugu. 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 Telugu.

Other languages: economic value meaning in Hindi

Tags for the entry "economic value"

What is economic value meaning in Telugu, economic value translation in Telugu, economic value definition, pronunciations and examples of economic value in Telugu.

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