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Intrinsic value is the nature of the product and subjective value is what that item means to that person. Like if you were stranded on island water would mean more to you to have then lets say 3 diamonds.

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13y ago

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What is the difference between face value and intrinsic value of money?

face value is the value written on the coin(currency),and intrinsic value is one which when the same coin is melted and that metal is sold the cost of that. before tuglak's rule the face value of the currency was equal to intrinsic value in india.


What is the value of wildlife?

There is no intrinsic value to wildlife outside of its potential for evolutionary growth. Value tends to be a subjective label placed by beings and entities.


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Token money is a type of money whose intrinsic worth is less than its nominal value eg its value as money is less than its value as metal while fiat money is a type of money which intrinsic value is more than its nominal value.


What is the difference between being "out of the money" and "in the money" when it comes to options trading?

Being "out of the money" means the option has no intrinsic value based on the current market price, while being "in the money" means the option has intrinsic value because it can be exercised profitably.


What is the difference between intrinsic and utilitarian value?

Alright, buckle up, buttercup. Intrinsic value is like that one friend who loves you for who you are, no matter what. It's all about the inherent worth of something, regardless of its usefulness. Utilitarian value, on the other hand, is like that friend who only hangs out with you when they need something. It's all about the practical benefits or usefulness of something. So, in a nutshell, intrinsic value is about being loved for just existing, while utilitarian value is all about what you can bring to the table.


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