What is the difference between "WORTH" AND "PRICE"?
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Price is what you pay for goods or services you acquire; Cost is the amount of inputs incurred in producing a product and Value is what goods or services pay you i.e. worth. ... Price refers to the money given to the seller for the product while cost involves the seller's money to produce values.
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Answer:
Price is what you pay for goods or services you acquire; Cost is the amount of inputs incurred in producing a product and Value is what goods or services pay you i.e. worth. ... Price refers to the money given to the seller for the product while cost involves the seller's money to produce values.
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