Question

Happiness is considered as an intrinsic or extrinsic value?

Answer 1

Answer:

Extrinsic value measures the difference between the market price of an option, called the premium, and its intrinsic value. Extrinsic value is also the portion of the worth that has been assigned to an option by factors other than the underlying asset's price

Happiness is one such good in itself. It needs nothing outside of itself to give it value. In this sense, then, happiness is intrinsically good.