contestada

The value of a good
a. is determined by the cost of producing it.
b. depends on the labor necessary to supply the good.
c. can be measured objectively by a survey of manufacturers of the good.
d. depends on many factors, including who uses it and under what circumstances.

Respuesta :

W0lf93
The value of a good depends on a combination of many factors such as overhead cost (in the form of labor, supplies, production, marketing and distribution), the assessed utility of the good by consumers, supply/demand, and the price of comparable goods all have an effect on determining the value of a good.