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Not so. Expensive - how much it costs to make it. Valuable - how much someone else would pay for it. So, if I was to spent loads on parts to make a relatively
by mnw21cam 13y ago
Not so. Expensive - how much it costs to make it. Valuable - how much someone else would pay for it.
So, if I was to spent loads on parts to make a relatively useless widget that fills a particular niche in my daily life, it would be expensive, but I wouldn't view it as valuable. It's only as valuable as it is expensive if there are lots of people who want it, which is not the case for custom work.
- njharman 13y agoTo expand further with example; a titanium under plate may cost $2000 to install(amort design, testing, manufacturing, etc.). But unless you happen to own a Telsa with a missing under plate it's value is less than $100 as scrap recycling.