What determines the value of an item? the amount of goods that are produced
the capital required to build the factory
the unlimited wants of the consumers
the resources consumed in production

The resources consumed in production determines the value of an item.

It is measured by the current price of such item to the consumer as at the present time.

This price is determined by the number of resources used and the cost of each item used in the production process.

Therefore, the resources consumed in production determines the value of an item.

For more information on value and product kindly check

link

yes

explanation:

why