Definitions for "ECONOMIC VALUE"
The value of a property based on its earning potential.
The value of an asset deriving from its ability to generate income.
the amount (of money or goods or services) that is considered to be a fair equivalent for something else; "he tried to estimate the value of the produce at normal prices"
Keywords:  herd, trait, question, net, return
The net return within a herd for making a unit change in the trait in question.
Worth of property based on the relevant economic factors.