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I don't understand the distinction you're making. Did you mean "marginal value" instead of "value"?
by cynicalkane 16y ago
I don't understand the distinction you're making. Did you mean "marginal value" instead of "value"?
- encoderer 16y agoNo, Value.
- cynicalkane 16y agoWhat? In normal English, value and worth are nearly the same thing. In economic English, value is worth, usually spoken of relative to other worthwhile things, but not relative to price. So I don't understand you at all.
- jazzdev 16y agoI interpreted that to mean value = worth - price So as the price goes up, the value you get goes down.