Information is worth its cost when an appropriate relationship exists between the cost of information and its value.

Question

Quizplus · Accepted Answer

For information to be considered worth its cost, the cost should be proportional to its value. If the cost exceeds the value, the information might not be worth it, and if the cost is too low, it might indicate that the information is not valuable. Thus, an appropriate relationship between cost and value is necessary for information to be worth its cost.

Information Is Worth Its Cost When an Appropriate Relationship Exists