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The Subjectivity of Value: Value is determined by individual buyers and sellers and not by government. There is no product or service which has a fixed or definite value. Because circumstances, scenarios, and objectives vary indefinitely, value also varies indefinitely. Value is subjective in the same way that needs are subjective.

Hendrith Vanlon Smith Jr Quote: “The Subjectivity of Value: Value is determined by individual buyers and sellers and not by government. There is no product or service which has a fixed or definite value. Because circumstances, scenarios, and objectives vary indefinitely, value also varies indefinitely. Value is subjective in the same way that needs are subjective.”

“The Subjectivity of Value: Value is determined by individual buyers and sellers and not by government. There is no product or service which has a fixed or definite value. Because circumstances, scenarios, and objectives vary indefinitely, value also varies indefinitely. Value is subjective in the same way that needs are subjective.”

Hendrith Vanlon Smith Jr

Hendrith Vanlon Smith Jr Quote: “The Subjectivity of Value: Value is determined by individual buyers and sellers and not by government. There is no product or service which has a fixed or definite value. Because circumstances, scenarios, and objectives vary indefinitely, value also varies indefinitely. Value is subjective in the same way that needs are subjective.”
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