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npub187f…s3d0
2024-02-14 05:58:56

Hp on Nostr: the Value > Price > Cost inequality. Value is subjective and justifies paying the ...

the Value > Price > Cost inequality. Value is subjective and justifies paying the price; the difference is the buyer's profit. Price is a function of value, discoverable by the entrepreneur; Price-Cost is their profit.
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npub187fevw2ln3r6euczjsgtsn7yfe4lpcgwa395vt30fp0nnc3srtwqgps3d0