4 ms·
I would certainly value that piece of paper at $50 but apparently you value it at something less than $5 because you are willing to accept $5 for it. I haven't
by gwright 6y ago
I would certainly value that piece of paper at $50 but apparently you value it at something less than $5 because you are willing to accept $5 for it. I haven't a clue as to why you would value it at less than $5, perhaps you get some entertainment value in giving away money?
This doesn't seem like a particularly helpful illustration.
- chc 6y agoYou arrived at the conclusion that something can be worth more than you paid for it, which is the point I was trying to illustrate (because the person I was replying to assumed that the lowest price you can pay = worth). So it seems like the illustration did its job to me.