What is another word for economic value?
Pronunciation: [ˌiːkənˈɒmɪk vˈaljuː] (IPA) 
Economic value is a term frequently used in business and commerce, however, it is not the only term to describe the financial worth and significance of a product or service. There are many synonyms for economic value, including market value, cost-benefit, return on investment, profitability, and utility. Market value refers to the price that the market is willing to pay for a product or service. Cost-benefit analysis involves weighing up the benefits of a product or service against the costs associated with creating it. Return on investment is the profit that is generated from investing in a particular product or service. Profitability is the overall profitability of a business, while utility refers to the usefulness or satisfaction that a product or service provides to customers.
