+**Economic Value** is the worth an item, service, or asset holds to an individual or market. This worth is often subjective, influenced by [Utility](/wiki/utility) and [Scarcity](/wiki/scarcity), and typically expressed in terms of price or benefit. It reflects the perceived benefit a consumer expects to receive.
+## See also
+- [Price](/wiki/price)
+- [Cost](/wiki/cost)
+- [Market](/wiki/market)
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