The value of an item is determined by taking the revenue from a sale and deducting the cost of the sale.

Name: The value of an item is determined by taking the revenue from a sale and deducting the cost of the sale.
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Question

Quizplus · Accepted Answer

The value of an item is not determined only by the revenue from a sale and the cost of the sale. Other factors such as supply and demand, market trends, and perceived value also play a role in determining the value of an item.

The Value of an Item Is Determined by Taking the Revenue