How is the value of a good or service determined
Asked by maham237 @ in Business viewed by 364 People
Asked by maham237 @ in Business viewed by 364 People
Answered by maham237 @
Answer:
By the customers
Explanation:
The value of a good can be determined by the amount that a customer is able to and can willingly pay in order to receive the good. the higher the amount the customer pays, the higher the value of the good. in mathematical terms, it is the ratio of the goods quality to its price.
Asked by admin @ in Business viewed by 271 persons
Asked by admin @ in Business viewed by 274 persons
Asked by maham237 @ in Business viewed by 291 persons
Asked by admin @ in History viewed by 315 persons
Asked by admin @ in Social Sciences viewed by 289 persons
Asked by admin @ in Business Studies viewed by 308 persons
Asked by admin @ in Business Studies viewed by 245 persons
Asked by maham237 @ in History viewed by 280 persons
Asked by admin @ in Business viewed by 277 persons
Asked by admin @ in English viewed by 444 persons
Asked by admin @ in Chemistry viewed by 286 persons
Asked by admin @ in Economy viewed by 363 persons
Asked by admin @ in Social Sciences viewed by 337 persons
Asked by admin @ in English viewed by 349 persons
Asked by admin @ in Accountancy viewed by 467 persons
Asked by maham237 @ in Business viewed by 2716 persons
Asked by maham237 @ in Business viewed by 2091 persons
Asked by wiki @ in Business viewed by 1512 persons
Asked by maham237 @ in Business viewed by 1461 persons
Asked by maham237 @ in Business viewed by 1268 persons
Asked by maham237 @ in Business viewed by 1154 persons
Asked by maham237 @ in Business viewed by 1068 persons
Asked by maham237 @ in Business viewed by 1055 persons
Asked by maham237 @ in Business viewed by 1043 persons
Asked by wiki @ in Business viewed by 965 persons
Asked by maham237 @ in Business viewed by 951 persons