The value created by a firm is the value received by the customers for that firm's products,minus the real cost of producing the products.

Name: The value created by a firm is the value received by the customers for that firm's products,minus the real cost of producing the products.
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Quizplus · Accepted Answer

The value created by a firm is indeed the value received by the customers for that firm's products, minus the real cost of producing the products. This is a fundamental concept in business and marketing.

The Value Created by a Firm Is the Value Received