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Gekata [30.6K]
3 years ago
15

Value takes into account both benefits and price. If price remains the same but benefits increase, then __________. a. price wil

l likely decline soon. b. price will eventually go up. c. value will decrease. d. value will increase. e. value remains the same.
Business
1 answer:
Over [174]3 years ago
5 0

Answer:

The correct answer is letter "D": value will increase.

Explanation:

Economic value is the maximum amount an individual will pay for a given good or service. It is determined by the benefit and the price of a product. <em>As long as the benefits increase, so will the value</em>. The economic value is helpful at the moment of setting prices after which firms can make a profit.

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By increasing the number of payments per year you increase your effective borrowing rate.

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The Family and Medical Leave Act: Multiple Choice protects recovering drug addicts and those erroneously believed to be drug abu
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