Quote by John Naisbitt

Value is what people are willing to pay for it.

Value is what people are willing to pay for it.

Summary

This quote suggests that the worth or value of something is determined by the price people are willing to pay for it. It implies that an item's value is subjective and varies from person to person, dependent on their perception and willingness to exchange their resources for it. The quote highlights the importance of supply and demand dynamics in determining the value of an item, with individuals determining its value based on their own estimation and desire to acquire it. Ultimately, it emphasizes the idea that value is not a fixed or intrinsic property, but rather is conferred by the perceptions and actions of individuals in the marketplace.

Topics

Value

By John Naisbitt

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