Value is measured the same way for both buyers and sellers.

Question

Quizplus · Accepted Answer

Value can be perceived differently by buyers and sellers based on their individual needs, preferences, and circumstances. For example, a buyer may be willing to pay a higher price for a product if they believe it will provide them with greater benefits or solve a specific problem, while a seller may assign a lower value to the same product if they are trying to quickly liquidate their inventory or face market competition. Therefore, value is subjective and can vary depending on the perspective of the buyer or seller.

Value Is Measured the Same Way for Both Buyers and Sellers