The fact that some people love tomatoes while others dislike them illustrates that
A) the value of a good is subjective.
B) the value created by a good does not depend on who consumes it.
C) the value of a tomato cannot be determined by the person consuming it.
D) tomatoes have a value that is determined by their cost of production rather than by the value to the consumer of the tomatoes.

Question

Quizplus · Accepted Answer

The fact that some people love tomatoes while others dislike them illustrates the subjective nature of value. This means different people assign different values to goods based on their own preferences and needs, rather than there being an objective value inherent in the good itself.

The Fact That Some People Love Tomatoes While Others Dislike