2007-03-22 18:53:51 · 3 answers · asked by tony chen 1 in Business & Finance ➔ Investing
value is how much some thing is worth as an asset, price is the amount something is sold or bought for.
2007-03-22 19:02:21 · answer #1 · answered by notTHATguy 2 · 0⤊ 0⤋
A good fuzzy answer is needed here. The Price is what people will sell something for and pay to buy something. Value is what it is worth. That is where it gets fuzzy, because it seems that what a thing is worth is what people are willing to pay for it. The notion that something has some sort of intrinsic value is hard to pin down. The price of gold fluctuates. Does that mean that the value of gold is changing? Does it mean that the value of the currency is changing? If you accept the notion that the value of a thing is the price that people will pay for it, you are a long way toward understanding the stock market.
2007-03-22 20:56:40 · answer #2 · answered by ZORCH 6 · 0⤊ 0⤋
Price: what you have to pay someone for something.
Value: what something is actually worth.
You can differentiate price and value this way: Suppose I offer to sell you a car for $30,000. The price is 30k. The value of the car may not be, however. If I am selling you a brand new Ferrari for 30k your getting a great deal. If I'm selling you a beat up old Taurus you aren't.
2007-03-22 21:00:37 · answer #3 · answered by Adam J 6 · 0⤊ 0⤋