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Author Question: Value and price can be compared by noting that (Read 37 times)

jho37

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on: May 24, 2019
Value and price can be compared by noting that
◦ they are the same thing.
◦ value is always greater than price.
◦ value is what we must pay while price is what we are willing to pay.
◦ price is what we must pay and value is what we are willing to pay.
◦ value is what the seller receives when we buy a good, and price is what we must pay when we buy a good.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by jho37 on May 24, 2019

Liddy

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jho37

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Reply 2 on: May 24, 2019
Excellent

ricroger

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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