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  2. High value products - Wikipedia

    en.wikipedia.org/wiki/High_value_products

    semi-processed products, such as fresh and frozen meats, flour, vegetable oils, roasted coffee, refined sugar; highly processed products that are ready for the consumer, such as milk, cheese, wine, breakfast cereals; high-value unprocessed products that are also often consumer-ready, such as fresh and dried fruits and vegetables, eggs, and nuts.

  3. 5 Companies Behind Walmart’s Great Value Brand Products - AOL

    www.aol.com/finance/6-companies-behind-walmart...

    Walmart's Great Value line of products spans hundreds of goods. This includes things like pasta, frozen meals, peanut butter, bread, desserts and canned goods. It even includes nonperishables like...

  4. Household production function - Wikipedia

    en.wikipedia.org/wiki/Household_production_function

    It is these goods that they value. The idea was originally proposed by Gary Becker , Kelvin Lancaster , and Richard Muth in the mid-1960s. [ 1 ] The idea was introduced simultaneously into macroeconomics in two separate papers by Jess Benhabib , Richard Rogerson , and Randall Wright (1991); [ 2 ] and Jeremy Greenwood and Zvi Hercowitz (1991). [ 3 ]

  5. List of most valuable crops and livestock products - Wikipedia

    en.wikipedia.org/wiki/List_of_most_valuable...

    The value and production of individual crops varies substantially from year to year as prices fluctuate on the world and country markets and weather and other factors influence production. This list includes the top 50 most valuable crops and livestock products but does not necessarily include the top 50 most heavily produced crops and ...

  6. SEC classification of goods and services - Wikipedia

    en.wikipedia.org/wiki/SEC_classification_of...

    In an unregulated market, prices of credence goods tend to converge, i.e. the same flat rate is charged for high and low value goods. The reason is that suppliers of credence goods tend to overcharge for low value goods, since the customers are not aware of the low value, while competitive pressures force down the price of high value goods. [6]

  7. Can Economics Better Value Nature? - AOL

    www.aol.com/economics-better-value-nature...

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  8. Veblen good - Wikipedia

    en.wikipedia.org/wiki/Veblen_good

    Veblen goods such as luxury cars are considered desirable consumer products for conspicuous consumption because of, rather than despite, their high prices.. A Veblen good is a type of luxury good, named after American economist Thorstein Veblen, for which the demand increases as the price increases, in apparent contradiction of the law of demand, resulting in an upward-sloping demand curve.

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