There is a cost to produce something based on raw materials and then the possible price you can charge from the customer based on demand and supply.
The term Value is pretty vague here. Its more of a perceived value so its hard to put a number against it, there is no direct way to translate it to something more concrete.
May be bit orthogonal, one way I can think of it is to map to physical needs like clothing, housing, food and medicine?
The term Value is pretty vague here. Its more of a perceived value so its hard to put a number against it, there is no direct way to translate it to something more concrete.
May be bit orthogonal, one way I can think of it is to map to physical needs like clothing, housing, food and medicine?