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frutty [35]
3 years ago
14

For something to have value, it must _____________.

Social Studies
2 answers:
Liula [17]3 years ago
8 0

For something to have value, it must have utility, or the capacity to be useful and provide satisfaction.

kherson [118]3 years ago
7 0

Answer:

For something to have value, it must have utility.

Explanation:

Economic value is defined as "The worth of all the benefits and rights arising from ownership. Two types of economic value are (1) the utility of a good or service, and (2) power of a good or service to command other goods, services, or money, in voluntary exchange. "

Reference: WebFinance Inc. “What Is Value? Definition and Meaning.” BusinessDictionary.com, 2019

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