2 ms·
> If I negotiate to spend less money for the same amount of apples, then the seller has lost as much as I gained. That assumes that apples have an intrinsic va
by UncleEntity 9y ago
> If I negotiate to spend less money for the same amount of apples, then the seller has lost as much as I gained.
That assumes that apples have an intrinsic value above and beyond the value placed upon them by the two trading parties.
Marginal utility and all that...
- benchaney 9y agoNo it doesn’t. All it assumes is that both parties prefer having more money to having less money.