5 ms·
Price isn't the only thing that dictates value
by pastylegs 13y ago
Price isn't the only thing that dictates value
- deleted 13y ago[deleted]
- _ZeD_ 13y agoyes it is
- hangonhn 13y agoIf it is then a $500 refrigerator would have the same value to an Inuit as a $500 heater.
- biot 13y agoYou get no value from the free air you breathe?
- alecdbrooks 13y agoMarket value [0] ≠ value. [0]: https://en.wikipedia.org/wiki/Market_value https://en.wikipedia.org/wiki/Market_value
- 6d0debc071 13y agoOne of the underlying assumption of trade is that you both (tend) to gain value in transactions. One party wants the money more than they want the item, and the other party wants the item more than they want the money. If the item was worth the same to both parties, then there'd be no reason to swap.