The economic approach to value suggests that the overall


The economic approach to value suggests that the overall value that is created through the production and sale of any good is roughly equal to the sum of the consumer surplus and the producer surplus associated with the good. In this context, with the aid of a supply and demand diagram, write a short essay about the various ways firms can increase the value of their products in the market.?

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Business Economics: The economic approach to value suggests that the overall
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