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What else can I help you with?
What is the primary factor that determines how much economic value something has?
scarcity
What term is the primary factor that determines how much economic value something has?
scarcity
What is a primary factor that determines how much economic value somthing has?
Supply and demand. The higher the demand and the lower the supply, the higher the value.
What is the different between value and price?
Value is how much something is worth and price is how much something cost.
What terms is the primarly factors that determines how much economics value something has?
scarcity..migrant so do you think is that the answer? Yes, because I have the greatest teacher and he gave me the answer:D
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What determines the value of money in an economy?
The value of money in an economy is determined by factors such as supply and demand, inflation rates, interest rates, and overall economic stability. These factors influence how much a currency is worth in relation to goods and services, as well as other currencies.
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What Condition is it in? That determines the value.
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What is the importance of economic system?
The importance of an economic system is that the economic system runs the civilization. This system forms the civilization and shows what people value. This helps decide what should be produced,how much something is worth, and keeps business at a supply and demand routine. Hope my answer helped :) Peace!
