Which economic principle relates to achieving maximum market value through equilibrium of production agents?

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The principle that relates to achieving maximum market value through the equilibrium of production agents is known as the Principle of Balance. This principle highlights the importance of equilibrium in the production of goods and services, where the inputs (production agents) such as labor, capital, and land are utilized optimally to maximize efficiency and, consequently, the market value of the products.

In real estate and property valuation, this concept emphasizes that properties achieve their highest value when there is a balance between supply and demand, and the various factors that contribute to property value (such as physical, economic, and social aspects) are harmonized. The equilibrium among these agents ensures that resources are allocated effectively, leading to optimal productivity and value.

Other principles mentioned, while relevant in different contexts, do not specifically address the balance of production agents in the context of maximizing market value. The Principle of Change focuses on how market conditions fluctuate over time, the Principle of Contribution terms how each factor contributes to overall value, and the Principle of Substitution considers the effect of available alternatives on value, but none directly encapsulate the equilibrium aspect highlighted in the context of market value.

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