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by zkmon
258 days ago
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Maybe I don't understand your equation. For me, value and price are not too different. Value of your car is the price that you can put on it today. Price of goods must come down to the cost of making it plus margins. If making costs are low, price goes low. As simple as that for me. |
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If the only thing you can imagine doing with a thing is selling it, as in you cannot imagine using it, price and value become the same.
> Price of goods must come down to the cost of making it plus margins
The difference is "profit" or "loss" depending which is higher.
Buyers will (in general) only buy when they value a thing more than the price charged.