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Angelina_Jolie [31]
3 years ago
11

How is the value of a resource determined

Business
1 answer:
Yuki888 [10]3 years ago
6 0
<span>How is the value of a resource determined? The value of a resource is determined by the price individuals will pay in order to have the benefit of the resource. The price of the resource needs to be set above cost price but at a point where people will pay for the item and truly believe they are getting a good vale for the price that they are paying. </span>
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