economic value

Definition

In economics, economic value is a measure of the benefit provided by a good or service to an economic agent [...]. 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?”

Reference

  1. Anonymous 2024 Value (economics). Wikipedia. [2024-12-3] en.wikipedia.org
Creator: Michael Rubinigg
Relationships
Properties

Label

economic value

EUPH Code (UID)

[7443]

EUPH IRI

https://app.pollinatorhub.eu/vocabulary/classes/7443

Descriptor

This class is part of the ontology

Created

2024-12-03

Updated

2026-04-25
Contributors

Class

Author: Michael Rubinigg

Definition

Author: Michael Rubinigg

Translation

Authors: Michael Rubinigg

Class translations

Filters

Columns

6 results
References
Dutch; Flemish

waarde

Noun, Masculine, Singular

Michael Rubinigg
Approved
0
English

economic value

Compound noun, Singular

Michael Rubinigg
Approved
0
French

valeur

Noun, Masculine, Singular

Michael Rubinigg
Approved
0
German

ökonomischer Wert

Compound noun, Masculine, Singular

Michael Rubinigg
Approved
0
German

Wert

Noun, Masculine, Singular

Michael Rubinigg
Approved
0
Italian

valore

Noun, Masculine, Singular

Michael Rubinigg
Approved
0