…nit-pickers warning!… I’m gonna play semantics a wee bit here (differences in WURDS, Mabel… differences in WURDS)… I wanna dwell on the gaps in understanding inter alia, ‘PRICE’, ‘COST’, and ‘VALUE’… ‘cording to my faithful dictioWURD thingy,:
PRICE : the amount of money expected, required, or given in payment for something.
COST : cost is usually a monetary valuation of (1) effort, (2) material, (3) resources, (4) time and utilities consumed,
VALUE : the regard that something is held to deserve; the importance, worth, or usefulness of something.
…throw in the oft-debated context of how much readers are willing to pay for a book or novel on Auntie Amazon Kindle, or indeed, a print copy from a bookshop… and the arguments and disagreements appear… yer PRICE is simply the amount of currency yeez hand over in exchange for the product… yer COST is the combination/consideration of all the…
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